Connacher Oil & Gas Ltd CLLZF

Production numbers

[planet51a]

I would like to see some Pod one production numbers from the company to get some idea where the trend is going before they go into their planned mini shutdown in September. From the conference call Gusella mentioned they would be cleaning out the system, if my memory is correct. In thinking about this and their mention of sand plugging issues in the evaporators, etc I am wondering if this is an ongoing issue or just caused by the production test that ran the system above 10K BOD for a short time. At this time all SAGD operations should be very profitable with WTI at a reasonable level and the cost of natural gas low and will probably stay low for the forseeable future you would think it should start to reflect in the share price of CLL, It got ugly and is staying ugly. Their Equity in PDP continues to go down during the financing debacle has turned their priced possession into a costly error, will they partake in the financing and at what price? no one seems to know.  Right now their only bright spot is the advancement of Algar, which seems to be going well, any hiccups there and things can only get worse. It always seems we are waiting for the next rainbow. They have to start proving they can make consistant money from operations, without the balance sheet acrobatics. My problem is that I have been here through all the ups and downs drank the kool-aid and believed what I was hearing from management now with the dilution, the upcoming dilution of PDP at an unknown cost, I want this company to do well, and still believe in the original plan, which I would like to see carried forward. Although it is hard to read the neverending pumping and watching the devaluation continue and see very little interest in the stock.