Re: Raymond James
in response to
by
posted on
Apr 16, 2011 02:56AM
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
Hi Dave
Good remark about the Krauts.Never thought about that.If that's the case then they have tools enough to kill a lot of Belgians because BMW and Porsche and VW,Audi are very popular cars here (lol)So for the moment with my Harley and Chevy left over I'm in good US hands then .
We pay now 1.60 for super .98 and 1.52 for .95 .then driving with V6 or V8 engines is not so cheap anymore.
I agree with 200 $ oil we have major problems again.You see the hesitation coming in the markets.Difficult times for investors the latest weeks.Maybe if the LYbia issue can be dissolved that could bring a little easing in the markets.Japan that's another problem.How they gonna stop the meltdowns is far from sure .
Difficult to judge about the current situation in the markets.Looking around here besides the bank problems in some Euro countries there is so far no bad news on the economic side.Sometimes you wonder why they created so much tactics in the markets like futures ,options and other shorting techs.Big players uses the tools to attack any country or company to push it in more trouble as soon they smell some problem which causes sometimes more problems on short time.
I hope also we see a run up on CLL by May.Indeed on CLL when the big volume day was there you should have thought we should see another top in the making but the day after all the gain was wiped out with a much lower volume.With this stock you never can be sure which direction it will take .
Let's compare the situation pre crisis and now .pre crisis we had only pod one in the start blocks and ramping up + oil on the lift towards 150.The share amount was half it's now.But sp went to 5 .
Now 2 uears later after crisis is over as day predict we have a double amount of shares,but double production and handling of the sor's is some better,they sold some assets and PDP is gone and sp can't make a fist though oil is back above 100 $ .So why is it so difficult CLL can't even tough 2 which is not the half of the 5 we've seen before crisis.Or is the current investors sentiment more cautious about valuations and world situation we face now like the unrest in the Mid East which IMO willl take a long time until there is peace again ,Japan disaster and European banking problems.