Agoracom: Small Cap Investment - Connacher Oil and Gas - Re: In the Hands Of---$400 million goes a long way

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Re: In the Hands Of---$400 million goes a long way

in response to

posted on Jun 17, 2009 01:54PM

of course there is still the debt IMHO bashers and MMs will have a field day,not so sure CLL will go lower than .90 but until speculation of Algar expectations and the good possibility of doubling production become topics instead of all things negative then yes the downward spiril to .60 is a possibility.For myself I don't want to miss out ,I think bitumen price will escallate in CONJUNCTION with WTI pricing,along with that is that costs are reducing which can only be cash accrutive thereby DEBT will be erradicated that much sooner,at least it will dwindle the fodder for bashers and MMs,,JMVHO

Jun 17, 2009 02:57PM

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