Connacher Oil & Gas Ltd CLLZF

Idiots!

[bert2]

Just like to point out that while the idiots give away their shares at these prices Connacher's net assets actually increased by over 11 million today. Below news release was from January 12/2007 PDP closed that day at $16.30 based on net value of 208 mil on that date today with PDP at 18.69 that stake is worth 238 mil today and rose by over 11 mil just today. How many other companies that made 11 million today do you think dropped their share price? " Connacher also owns a 26 percent (fully-diluted) interest in Petrolifera Petroleum Limited (PDP - TSX), which demonstrated significant production growth from approximately 1,000 bbl/d or light gravity crude oil in January 2006 to over 13,400 bbl/d in December 2006 as a result of new drilling. This organic growth should continue during 2007 as Petrolifera has announced it plans to drill over 50 wells at Puesto Morales this year and also is anticipating commencement of drilling on its high-potential blocks in Peru. Connacher's net current cash investment in Petrolifera is only $2 million and its holdings have a current market value in excess of $210 million. "