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

Free
Message: Annual Meeting wish I could go

What the hell are we getting for our money, 2 co-managing directors at 55,000 ea per month and a fired exec paid 1.5 mil severence then hired back on contract as an interm CEO at 40,000 per month with a payout in Aug if he can get the share price over a dollar.

Hiring consultants to justify increasing directors retainers was a good idea because they have done such a great job bringing this company to its knees.

Yeah I know it's not large amounts of money but I would have been fired if I did my job as badly as they are doing theirs.

Stock price plummeting, no communication from whoever the hell is in charge, this certainly seems like one FU'd up company.

The question is can they put lipstick on this pig and sell anywhere close to asset value.

Share
New Message
Please login to post a reply