To blame the totality of Connacher problems on manipulation is erroneous and too simple an explanation/Brian

It is good to see you coming out from the "dark side" and connecting the share performance with the company performance.

Hopefully your past headlines (see below) are the history which never repeat itself.

we see a deep manipulated "short attack" on the SP

manipulators and thieves called and making up the TSX!

Speaking about short position.

As of May 16/2011 CLL short position (483,345) dropped 50% from the May2 to the lowest level in years and is sitting at 0.2 Average Daily flow.

http://www.dailyfinance.com/company/connacher-oil-and-gas-limited/cll/tor/short-interest

Did we hit the bottom? It smell like it but who knows?

Scott,

I do not agree with the Refinery as a positive but you have my High Five for last two post.

Q1 Refinery margin --- $4.6 million

Q1 Refinery sustaining and maintenance capital expenditure -- $3.6 million ($7 million more to be spent in 2011)

Net cash flow = $1 million (not much relevant to CLL corporate earnings)