Welcome to the Connacher Oil and Gas Hub on AGORACOM

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 expansion may occur sooner

Yes CLL is a stock hard to put a decent perspective on it.It's a sad story considering that the 2 companies CLL and PDP which had good potention are brought in such a precarious situation due to mismanagement.

The debt burden is the biggest problem.Still don't understand where these guys their ideas were some months ago to make such decissions in terms of financing for Algar.

The only I'm hoping for is some luck now on production ,oil price etc..

Last two candles on the chart have longs legs above which means downwards pressure still remains.Following this stock is sometimes like sitting at a gamble table and watching how the dices are rolling.

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