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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's share price must stay higher for a prolonged period
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my 2 cents, and this is a wide range i admit, is 1.15 to 1.55, albeitI believe thisis a short term goal

I thing I always look at his # of options and their strike price. In his case, 23M , which reps 5% of existing shares,is at strike price of 1.50$

NOw 5% is not a small nor a large #,and of course much depends on ownership of said options. But this could be a driver for SP to go beyong 1.50$ mid to long term

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