Connacher Oil and Gas

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in response to spiderman8's message

I repeat should

That would be ok of course but we have as a reminder the same they told earlier about "no dillution " .The past now has given a different story.But until now we don't have to worry about that so indeed sp could be supported .

For sp evaluation it will depend towards the big investors will looking for.On earnings per share I don't think we can expect much because most of it will eaten up by the debt situation.If they will look on cashflow that's something else.So maybe for a small company that will be most focussed .

We could have a better future ahead if oil stays above or at current level ,no problems occur with Algar ramp up ,and if later on they would focus if they had the economy on their side etc.. to reduce the debt.Then I believe we can climb back in the old range but I'm not so optimistic this will be fact this year .

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sharky
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10/12/2007
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Connacher Oil and Gas
Symbol
CLL
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