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High Arctic Energy Services Inc T.HWO

Alternate Symbol(s):  HGHAF

High Arctic Energy Services Inc. is a Canada-based energy services provider. It provides drilling and specializes well completion services and supplies rental equipment, including rig matting, camps, material handling, and drilling support equipment. In western Canada, it provides pressure control equipment on a rental basis to a number of exploration and production companies. Its North American service lines include nitrogen and oilfield rental equipment. Its fleet of pumper units operate onsite to deliver nitrogen to the oil and gas industry when and where required. Its International Operations service lines include drilling rigs, workover rigs, worksite matting and rental equipment. Its fleet of specialized rental equipment includes camps, cranes, trucks, forklifts, pumps, gensets and lighting towers. It is also focused on offering pressure control equipment and equipment supporting the high-pressure stimulation of oil and gas wells, along with other well site rental equipment.


TSX:HWO - Post by User

Comment by Northforce13on Jan 18, 2024 12:26pm
109 Views
Post# 35833851

RE:RE:RE:RE:Increased volume

RE:RE:RE:RE:Increased volume"it will not take "massive amount" to move the price."

No it wouldn't, which applies in both directions.  If VN Capital buys to move the price up, well selling just moves it back down and they would have buy far more than they sold to move the price in upwards.  That was the point being made to the other poster.  

"And I don't believe VN would be stupid to unload millions of shares at this historically low prices, "

Me neither. 

They must be miffed however that what appears to be a scam/scheme to take out a large chunk of minority shareholders for a song was discovered and has failed (at least seemingly, we will see if any other fantastic proposals by their well paid and hard working financial advisors appear on the horizon).  

"even 2$ per share is low. We are going higher."

It depends on PNG.  No contracts, $2 is high.  Contracts, $2 is very low.  Binary situation.

The upside binary is greater than the downside, and the probability that the upside binary occurs is a bit higher than the downside.  


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