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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: Seriously upset by dilution and debt growth

Rebels:

Many of us are at present with the unknown status, intents of management of Connacher, and reasons for recent actions on the part of Connacher management, are in a quandry. Obviously, much of the reasons for recent Corporate actions, such as all of the dilution, and the need for doing such is at present unexplained and unknowable as management has been slightly less than fully forthcoming in its communications of status and intentions. Secondly, the story has been a bit like a dribble glass. A piece of news yesterday, then a piece of news today and the wonder factor of what Monday will bring in the way of developments? If any! And will they be good or bad? This Management has amply demonstrated potential for both!

Bottom line? Many likely wonder if there is some plan which at present is not discernible. And would it lead to disappointment if one were to sell. The other potential of course is no, there is nothing more but disappointment. Punt or hold? That is the question. Feel lucky? At present, that hope is all that any can have! Unless of course, you are on the inside. And, they ain't talking!

In any event, frustration and angst under such conditions is quite understandable!

Brian



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