Connacher Oil & Gas Ltd CLLZF

RE: No regrets

[bnw]

Further to my earlier post this morning, the big impacts on Connacher's last quarter financials were foreign exchange and transportation costs.  These are, I expect, issues for every Canadian resource company and do not reflect on the competence of CLL's present management.  I am hopeful a cooperative marketplace will bring some relief in the form of a more favourable exchange, improved pricing and transportation alternatives.  We'll see but I don't foresee this going concern disappearing any time soon and the longer it hangs on the greater the possibility of improved financials.  This afternoon I have added 60,000 shares at 9 cents.  If I'm right (and I have the patience to hold on until I am) I'll be richly rewarded.  If I'm wrong, unfortunately it won't be the first time nor the last I suspect.  Nothing ventured, nothing gained.