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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: Okay, let's think long term
2
Mar 26, 2010 03:38PM

What is in the ground is worth less then what they pull out. The SP is not based strictly on asset value or estimated asset value.

You fit in with the rest of us. Made a buck, lost two. If you are trading the range, then you are most likely starting to regain. It is easier to trade and make a buck as it slides slowly up.

The $2.7 B, is a reserve value. Actual Production value is about 6X that.


Mar 26, 2010 04:26PM
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Mar 27, 2010 07:53PM
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