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

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Message: Institutional Investors = way up

Hi Ludwig

The average salary I quoted was pre tax so depending on which province you live in after tax income is around $28 500....We've got a Vat and sales tax and like you every time a car is sold the buyer pays a tax..Our Governments have so far been SMART and haven't implemented a carbon tax, BS TAX as it's a bunch of crap..

CLL seems to be holding for now at .69 even though it touched the 52 week low. Accumulation distribution is up about 300k and volume has been real low on the way down which indicates that institutions aren't dumping them..Road Warrior posted that Institutional holdings above 40%.. so if they're holding I'm holding...Oil still above $87 WTI so CLL should be turning a small profit this QTR and then there's the usual Oct/Nov bump..

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