So here it is... the overall consenses (according to grant) is that this downward spiral is created by incertainty in the macro environment. The market in regards to connacher is being irrational.

In regards to the sale of halfway creek and aos reporting on this sale, the sale has not been completed yet and aos has jumped the gun. The money is not in the bank yet. When it is there will be a news release. Connacher is not buying aos's share of the property. In addition 27mil is what was expected of the sale, no surprises here.

Connacher has an untouched 100million dollar line of credit + an undisclosed amount of cash.

Connacher has a refinery that is performing well or even out performing.

Connacher has 2 sagd still pumping approx 14000 bbld

Connacher has conventional oil, this is expanding at a decent pace.

Connacher has hedging in place, which for once is making them money not costing money as it usually does. Jurek reported a while back that they had lost 8 mil on hedging in a I believe it was a quarter.

Oil is still at 80, I remember hitting this mark a year or two ago on the way up, and the stock was well over a dollar.

Grant also informed me that he has a majority of his capital is invested in the company, and if I remember correctly dick had roughly a million bones (used to be) invested in the company. I would tell you the exact numbers but I really don't feel like navigating SEDI for the next 2 hours, what a pain that website is. I don't know that there is another one that will give us that information. Grant genuinly seemed like he was confused by this trading action, he said he bought at around .80, the list on canadian insider only goes so far but looks like he bought just under 10g's. He had been returning many calls like mine.

A question, when connacher goes and does presentations across the country, they are promoting others to buy their stock right? What else would they be doing?

If your manhood is robust you should buy, then again that's what I thought I was doing at .61.

"I will tell you how to become rich. Close the doors... Be fearful when others are greedy. Be greedy when others are fearful."
-- Warren Buffett

Good luck, and remember, October: This is one of the particularly dangerous months to invest in stocks. Other dangerous months are July, January, September, April, November, May, March, June, December, August and February. — Mark Twain

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