Connacher Oil and Gas

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in response to BKM8572's message

Hi Brian

You posted recently something about the "rare earth "materials.

I saw a few days ago something about that on our tv channel.European leaders and probably also in the US or Canada seems to realize that they must thrown an eye on that item because if they don't act emerging countries like China ,India etc.. will buy as much as possible of these assets to provide for their consumptions.So the must be aware that they don't let steel the cheese out of their sandwich like we say here.

As for the US $ vs the € .I don't think upside momentum for the € is the case in next months.Countries like Greece,Spain ,Portugal and Ireland are in trouble and if one of these countries goes bankrupt they probably will be kicked out of the Eurozone which in fact undershoots the credibillity of the € as well.These countries face hard meassures to get their actions done to survive the crisis.

Strange how currencies act .The € is in fact as sick as the US $ so IMO the cad $ should rise against both of them.

Oil is now around 80.7 after touching 80.5.

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sharky
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Connacher Oil and Gas
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