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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: QE and CLL

Nov 03, 2010 05:32PM

Hey Brian

It's a great day for America ain't it.... NoBAMA no more

QE 2 will deflate the U.S dollar which is good for CLL debt. However The economy is still weak so I don't foresee a big demand increase which may offset slumping dollar. Also Europe is still in trouble as well so we're not out of the dark..I see oil testing $87 again maybe $88 but any higher than that will endanger world economic recovery...


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