Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Bullboard - Stock Discussion Forum Whitecap Resources Inc T.WCP

Alternate Symbol(s):  SPGYF

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... see more

TSX:WCP - Post Discussion

Whitecap Resources Inc > It’s a trap
View:
Post by 1970Craig on Mar 07, 2022 2:35am

It’s a trap

I get these thoughts.  I just want to share this one.  It's just a thought. ?    Think this through   ?  They cut Russian gas , oil.

        So they beg everyone to drill , and pump.  Once we are drilling at max strength all counties chilling in all blinded by  looking at huge dollar per barrel,  and everything is booming , then guess what happens ?????  

    Russian gas , oil is brought  back and ....... guess what ?  We got more then we need and we have low oil / gas prices. 

     I think I might be right down the line ?  Can't see everyone fighting for more than a year , sanctions lifted are the love and fuzzy hugs shared to bring peace  !!
     

    There is a thought from a investor who is always thinking of what could go wrong, also when this might play out so I things can be adjustsd in my holdings 
    This all presumes Russia is out with  gas /oil , and then brought back    

    C

Comment by tollycraft on Mar 07, 2022 7:29am
I believe we will get to a certain point and there will be a  "correction". I am hoping ,that based on predictions by WCP,  even if oil drops to $70.00 we  still will be grabbing gobs of cash.  With the travel season just openeing up and planes starting to fill up, that should make a big differance.  Air Canada decided to proceed with the delivery of 10 of the 12 ...more  
Comment by Konaboy on Mar 07, 2022 7:53am
Intelligent investors (in anything) should always look at all angles.  Defensive strategy against supply shock is why I'm a strong advocate of debt reduction before all.  With low debt we will have reslience at lower price and demand levels, giving profitable longevity. Having the supermajors pull out of Russia is going to be long term devastating for them, it took decades to build ...more  
Comment by Citizen13 on Mar 07, 2022 8:36am
As I stated before , there is going to be a once in maybe a decade opportunity here . if you can guess where even  the"near top"  is , HOD will give you and unbelievable return .An excellent hedge . This will not remain at $ 120-$ 200 or whatever they are saying for long .  Cutting off all oil purchases to Russia along with all the other sanctions will make him fold ...more  
Comment by tollycraft on Mar 07, 2022 9:27am
Good thoughts by the way.  I too believe its inevitable that there will be a correction and adjusting ones investments is prudent.  I wish I had more experience to tell me when that time may be near.  I do as mch of my own DD as I can but admit I do look at the opinions on this board as a general guide.  Thanks all!! GLTA
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities