RE: RE: RE: RE: strategic alternatives news prior BOB is just another want-to-be oil expert who knows little or nothing about the industry and therefore gets sucked into speculative spin stories like BWD at 4 time the current trade price! With the giant yawn in the market today on the company strategic process announcement, the smart money is telling us this company is worth anywhere from
.20 -
.30 a share if and only if, Trent at Legacy really needs more of this than he already has.
Let's start the rumour that Herman and the Torc gang have drilled so many 2,000 bbl/d oil wells (which they shut-in for months by the way so they can grab BWD super cheap, foregoing millions in revenue) and will go public with BWD merger. It could happen, as they are in the area and likely the only company with the cost of capital advantage to close this deal at big premiums. My final point of FACT, remember that Crescent Point has effectively abandoned this play for greener pastures elsewhere. This play is not what BWD speculation makes it out to be.