Re: Some interesting read-positive things ahead
in response to
by
posted on
Apr 24, 2011 11:16PM
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
August September see $2, right before an October dilution? For the algar expansion? One thing that really rubs me the wrong way is that big quote they put in their new presentation "Connacher's overall objective is to create shareholder value" don't blow smoke up my arse, show me some darn results! You say that but your $4-$5 dollar stock is at $1.39 after almost 3 years. You just granted over a million in options, RG has increased his wage 50% in two years. I've been investing in this stock since 2009, it has taught me a lot about investing in a very non-traditional sense. I accept the risk of this stock, I accept the management that runs this company, I have a hard time accepting that quote!
Disclosure - I've made money on this stock but that quote still bugs me!
"Connacher's overall objective is to rebuild shareholder value"
Now that's honest and I could get behind that.