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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: Raymond James

Apr 13, 2011 03:43PM

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Apr 14, 2011 01:15PM

Brian

That could be some kind of scenario.The most important currencies like the €,us $ and also the Yen with latest Japan troubles will probably go lower against the countries you mentioned.

But that will have effect on spending in the US ,Europe etc.Best times for us are gone I guess specially for the younger people who have to go trough bigger cost like houses and other stuff.

With the US with resources left probably not such severe as Europe who has minor energy resources.Heating cost is rising here and for next year they have already warned it will again be higher for next year.

I'm curious how things will evolve for next months.If the Dow Jones can't go over 12400 it will be tough for CLL to run to 2 $ or we must get good news to support the sp.


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