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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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Well that my opnion as well.The point is now will we smash the 0.34 or bounce?If we can't smash that point then that point could become a resistance for quite a while until we get news that the well pairs are turned towards production.

A good thing should be it crosses that point then the 0.5 could be the next resistance target and that IMO could be a good trading point.According to the latest CLL update we must wait until Q4 when the ramp up can start so in the period between the stock could swing between the 032 and 0.50 because i also think current run in the bourses everywhere will see an end and a correction.So it will be very interesting to see what investors will do when we near the August 15 figures .What do you think?

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