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Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta

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Message: Re: Upcoming Expectations just a re-post

Mar 08, 2010 07:04PM

Mar 18, 2010 12:43PM

I think CLL's concept of holding MRC,bitumen production etc.. is not the right one.

IMO if they could get a good price for MRC they better sell it and pay back a lot of their debt position.If they put the focus on conventional oil and bitumen producing would be a better choice.

So far not much animo in the sp.

In fact it's something strange compared with other Q's we had.Then we had a run up follwed by a selling period but now there is a wait and see reaction.Nobody knows what to do or the possible buyers are hiding .

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