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: Potential sale

Hi Dave

Once again, bankers win we lose.

Indeed but for those who will loose it will depend on the price we get.For those which hold positions above 3 and never had averaged down it could hurt.

CLL was not a stock to hold on.DG made a crucial fault by going on for Algar in times that were becoming very dark instead of waiting until better times.Resulting in the position we are now.But IMO this company could have a good future .

I'm curious what we will see in coming months.If CLL will be taken out quickly indeed value will be much lower .It's a sad story because of the gambling attitude of our CEO we can't witness the full exploration of their reserves and their other assets.

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