Connacher Oil and Gas

Hi Scott

Placed the graph here so everyone can see it.Indeed specially end May begin of June they had a long time out.IMO after reading once again the Q2 + this information and considering MRC is doing ok + little reduction in debt .IMO the reaction from the market is overdone.But the technical players will try to push it as low as they can .Still think 1.21 is their goal so far.

By end this year we could be back at the April top or higher if economics improve.Just heard on the news that Germany had a very good grow.At around 2.2 % which is not bad.The media plays a dirty role with all their artickles of negativism .We are still recovering though is at a slow pace but at least no downwards shift.