Whitecap Resources Inc T.WCP

Alternate Symbol(s): SPGYF

Energy Oil & Gas E&P

Whitecap Resources Inc. is an oil-weighted growth company. The Company is engaged in the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its core areas include the West Division and East Division. Its West Division is comprised of three regions: Smoky, Kaybob and Peace River Arch (PRA). The properties in its Smoky region include Kakwa and Resthaven, all located in Northwest Alberta. The primary reservoir being developed is the Montney resource play, mainly comprised of condensate-rich natural gas. Kaybob is located in the Fox Creek region of Northwest Alberta. The primary reservoir being developed is the Duvernay resource play, mainly comprised of condensate-rich natural gas. The PRA is its original asset area. Its East Division is comprised of four regions: Central AB, West Sask, East Sask and Weyburn. Its Central Alberta region represents the bulk of its Cardium and liquids-rich Mannville assets.

TSX:WCP - Post by User

Whitecap Resources Inc

Bullboard Posts

Post by nijinsky70on Jun 13, 2012 7:50am

161 Views

Post# 20007201

Yesterday's trades

It looks to me that yesterday's trades of over 2 million shares was done to set up a sale of 1 million shares at $7.47 at about 1:30pm. The trading action to that point was dragging down the SP to that level allowing that trade to go through.

Anyone out there noticed the same thing? If so what do you make of it? Or is it just another one of those things that small retails just bend over and enjoy what's given to them and don't ask questions?

Bullboard Posts

Two diversified junior mining stocks to hitch your portfolio to