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

Free
Message: Support

I was thinking about getting out, however, everytime I sell in fear I get burned. Oil is now below 100. Talked to Grant at investor relations, he reiterated the 5 things the company is doing, twinning light oil play, increasing production, selling non core assets, etc.. He couldn't say much as they are in blackout before the quartly results. This quarter is going to be weak, however he said the next is shaping up very nicely, but now we have this slide in commodity prices. Feeling pretty bad today, however I have learned something, never buy anything without a stop loss! A mental stop loss doesn't seem to work as the mind creates excuses.

Share
New Message
Please login to post a reply