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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: Steam/Oil Ratio (SOR) - Scott

Mar 18, 2010 07:01PM

Mar 19, 2010 08:44AM
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Mar 19, 2010 03:03PM
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Mar 19, 2010 03:20PM

Martin:

Your level of confidence in Gusella is much greater than mine. He by severely under capitalizing Connacher at the time of Pod 2 construction, left us very vulnerable to a market crash while being undercapitalized. He now with Algar seems to be repeating that mistake. Again leaving us highly succeptible to another market sell off. Certainly, based on todays performance the market is not overly enamored with the progress of Connacher!

Connacher remains a very risky speculation in my opinion. Further, it continues to increase its speculative nature with each day and each action!

Brian

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