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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: Connacher provides operational update

Nick,

Good luck on your averaging down strategy. I hope you are successful.

You said: "It is also true that the company is in better shape than it was at it's high."

Are you referring to CLL financial situation now in comparison to January 2006 when the CLL SP was trading around $6 ?

In your opinion is the bitumen production stability in the 13,000 bbl/d-14,000 bbl/d range good thing for Connacher ?

IMO the recent 25% dropped in CLL share price (from 80 cents to 60 cents) is related to CLL being deleted from the TSX SmallCap index. This will take place after the market close on Friday, September 16. Some index founds and energy funds maybe selling and readjusting their portfolio.

It seems that we have to go trough this exercise every couple of years. It makes a good entertainment to blame The Dark Forces (bankers) for CLL misfortunes as one poster suggested. Just wonder why do they (Dark Forces) have so many opportunities to do this things to us?

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