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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: Institution continues to unload/Brian

Broker Ingenuity who previously was acting for Resolute Fund bought today about 37000 shares. They sold on Friday abut 40000 shares, so who knows what is going on.

I think Resolute Fund will face major redemption when the shareholders will see their end of the year statement of 70% loses. Resolute may be force to do some selling in Q1/2009.



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