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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: Re: Really Off Topic? Sorry but ...
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May 01, 2009 01:22AM

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May 01, 2009 01:14PM

May 01, 2009 03:37PM

Thanks Denby, I sincerely appreciate your evaluation. I'm surprised your "... pump and dump ..." conclusion, as I've been a shareholder for probably a year. Seems like a valid operation to me, my worry was more that they were in China and who knows if the government will just nationalize everything? I don't know that you can rely on charts much at this point in time.

"The Company's crude oil production in the first quarter of 2009 totaled 221,688 barrels, a 93% increase compared to 114,862 barrels in the first quarter of 2008. The total number of wells in production during the quarter was 247. The Company is planning to commence drilling additional wells in May 2009."

I was beginning to wonder about dead money there... Isn't it funny, sometimes just when you start doubting yourself, or soon after you've given up and moved on, holdings take off?

Thanks much for taking the time to poke around on this one for me. I'm not a nimble market player, usually buy something and hold it for a while.

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Jul 20, 2009 09:23PM
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