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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Hi Terry

A sell on a pop up maybe in some weeks could be good but then we can wait until there is a profit taking on some news investors don't like and then we could enter again.

Indeed IF they will bought out then i also think the price will be a lot higher then today.So the question is whazt level is interesqting to be in and wait for a buy out.That's maybe a bit hard to figure out if hey go again for a dillution .We don't know how much shares they will create .For example if they go for a double amount of shares then current sp must divided in half.Supposing they do a dillution at .50 and indeed they doubled the amount of shares then our purchace at .20 is still a fair price but for all the rest above we have to wait a lot longer.Of course once they have the capital there is a chance they could ramp up much quicker and so pushing production up .CLL is not a company to be in without any stress.

About the steam you're could be right and probably by tapping out they connect pod 1 with Algar or something like that.

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