Re: WTI at 200 day average

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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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BKM8572

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Re: WTI at 200 day average

in response to

Re: WTI at 200 day average

aboutoil

posted on Feb 06, 2008 09:51AM

Have no question that the MoMo boys will utilize dropping price of oil and bitumen to reduce the sp of Connacher and open up their advantage vis a vis their shorts. Of course, granting no consideration of the climb out of Connacher status of production. After all, they ultimately have short positions to cover. And count on it, they will make their shorts good prior to letting the sp go!

Brian

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