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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Message: Observation "FWIW"

Observation "FWIW"

posted on May 28, 2009 11:37AM

it would seem we have some disgruntled shareholders but some of the comments while they have some moral substance have no bearing on this latest offering ,yes its diluting,but it does mean needed funding has been acquired,its all very well to read what some individual shareholder would have done but really that just so much spilled milk.

The thing here is what to do with the present situation,one can divest themselves of their shares and put it down to a bad investment and move on.OR one could average down using this as an opportunity to join the big boys in this newest "base" price ie .90 t0 $1.00,as mentioned below extrapolation as indicated below is not that farfetched,really if you are going to stick with an oinvestment in Connacher then this is an opportunity FWIW??

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