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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: Connacher's Medium Term Focus
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I think more appropriate description of yours and Scot`s deliberations would be Irrational Exuberance. What I like about it is your positive and creative thinking.

At WTI $80 in Q1, CLL generated only $4 million cash flow. Who is going to give us $850 million to earn 4 to 5% on their investment? It would take 15 years to get your money back. In conventional oil (horizontal drilling) you get your money back in 10 to 18 months.

Tomorrow we should have a good day on the stock market. US$ is down in overnight trading.


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