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: Re: Just a question and Institutional Ownership

Jan 30, 2009 08:00PM

Jan 31, 2009 02:13AM

Jan 31, 2009 05:55AM

Jan 31, 2009 06:25AM

Jan 31, 2009 06:29AM

Jan 31, 2009 06:46AM

Jan 31, 2009 06:52AM
1
Jan 31, 2009 07:34AM

Jan 31, 2009 08:02AM

Jan 31, 2009 08:28AM

Jan 31, 2009 10:10AM

Jan 31, 2009 12:53PM

Re: Just a question and Institutional Ownership

in response to by
posted on Jan 31, 2009 02:34PM

Over the last few days, institutional ownership has increased by approximately 6 million shares. It is now over 66 million shares where before it was over 60 million shares.

With regard to the company's funding.

I think it is good that investors are aware that the company will need to provide interest payments on its loans and of course will eventually have to pay off the principle.

However, the number of ways in which the company may decide to do this are numerous.

And, that's what the company's senior staff and board of directors are for. They have ongoing information which puts them in the best position to make decisions on behalf of the company. I'm sure that nobody there is asleep at the switch.

If you go through their backgrounds, you will be somewhat impressed.

It is very simple. With the information that they have, they have to make decisions so that the company will be able to meet its financial obligations. We certainly have the right to second guess them, as long as we realize that that is all we are doing. And when we look back a couple of years from now, I think we will be somewhat impressed with the acumen that they will show in resolving the various issues that always have to be dealt with when companies are borrowing to finance projects, etc.,

I hope you are all having a good weekend.

Best Wishes,

Lynn



Jan 31, 2009 03:01PM

Jan 31, 2009 04:02PM

Jan 31, 2009 05:57PM

Feb 01, 2009 02:52PM

Feb 01, 2009 03:00PM

Feb 01, 2009 03:06PM

Feb 01, 2009 04:19PM

Feb 01, 2009 09:02PM

Feb 01, 2009 10:19PM
Share
New Message
Please login to post a reply