Replies to post #82140 on The Question and Answer Board (IHUB)

[tedwitt]

Sure, I will bite. Why don't you answer them?

Funny thing is, that in this market, things are not reacting how they should. Take Connacher Oil & Gas for example. It has 10,000 BBL/d of SAGD production coming in 1 year. Presently It owns a 10,000 BBL/d refinery (Going to 15,000 or 20,000 with a new hydrotreater), it owns 20 - 30 percent of the shares of PDP which has gone from 1,000 BBL/d to over 13,000 BBL/d of production in one year and has a huge 2007 drilling program, it is doing the engineering for POD II & V for an additional 20,000 BBL/d by 2009, it has 3,000 BBL/d to 4,000 BBL/d of BOE in current production and it has full financing for POD I, and by the way an all weather highway running through its property in Alberta with most likely over 1 billion BBLs of reserves and only a 15% increase in construction costs when everyone else up there is getting killed by cost over runs and future cost estimates...

WHY IS IT TRADING TO CRAP???