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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: Connacher Files With AEUB/Den

May 18, 2010 03:54PM

May 18, 2010 04:24PM

Sharky,

Sorry I didn't make myself clear in the post. I do know why the SP is under pressure now and of course it is directly related to the price of oil sliding. What I was trying to say was that I would be trying to work out if there was a potential takeover in the offing by monitoring the SP in the future.

What I will be looking for, if there was a swift deteriation in SP while there are no negative reports coming out and oil was holding steady or even increasing at the same time.

Den

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