Connacher Oil & Gas Ltd CLLZF

RE: Without news.......

[Lucy1]

"Like I said, something positive has to develop to break over upper band of the triangle. Maybe expectations of the visits by Chineese premier and also by VP Dick Chenney will be the catalist to catapult the stock to a new high. Until then, we'll just be trading back and forth. " You don't think the Hurricane is news?? Kat's effects in the Gulf haven't been totally assessed yet. It's being called 'catastrophic' (Associated Press has reported 50 deaths in Mississippi so far.) According to several news reports, about 1/3 of US oil comes from the Gulf of Mexico, through Louisiana. Apparently there are a few free floating oil rigs, halting production (for who knows how long.) The next few days should give us a better idea what this all means for oil supply and oil stocks. from Bloomberg's site: https://www.bloomberg.com/apps/news?pid=10000085&sid=a4v0nePSnsHA&refer=europe ``Forecasters are saying Katrina could do more energy damage than any storm in recent years,'' Jason Schenker, an economist with Wachovia Corp. in Charlotte, North Carolina, said before the start of trading. ``It's not just that there's going to be outages for the next couple of days. With shutdowns and damage at platforms and refineries, the bullish impact could be felt for the rest of the year.'' For what our southern neighbours are going through, and have yet to endure, higher gas prices are only an inconvenience to the rest of us. Sure hope they hang in there. -Lucy.