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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: BNN - Eric Nuttall

Eric Nuttall of Sprott Asset Management was on BNN tonight on Market Call Tonight and he stated that he purchased 10 million Connacher shares last week and another 1 million shares today or yesterday for the fund that he manages. He stated that in his opinion that Connacher's search for a joint venture partner may morph into management selling Connacher's bitumen assests......This is interesting as I think it was the last analysis by Scotia Bank of Connacher which came to the same conclusion. Any, Eric Nuttall see's the shares going to $1.50 so based on todays price of .80 cents a share this is almost 100% upside.

Cheers; Scott

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