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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: Re: Is $1/sh offer possible?

Dec 18, 2011 07:27PM

On the other hand you can alo see it less negative.

What to think about the possibility that current production can be increased by using the new tech with lower SOR and higher production if implemented on all wells on both Pod's.

What to think of the takeover company expand production to the levels they have planned?

What of the take over company should sell MRC and focus only on SAGD?Then you have probably a lot of brighter numbers ?Everything you can see either negative or positive depending the angle you are looking at something.

Valuation is a strange thing.In positive sentiment all is ok and people will ramp up values.Same thing in the negative way.

Why is CLL priced at this value with 2 pods production while some years ago it was above 3,You too have bought CLL over 1.4 then and now you accept 1?

Would you if you're also a board member sell your company at these levels ?I don't.


Dec 19, 2011 09:57AM
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