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East West Petroleum Corp V.EW

Alternate Symbol(s):  EWPMF

East West Petroleum Corp. is a Canada-based junior oil and gas company. The Company is engaged in the exploration, development and production from certain of its oil and gas properties. Its portfolio consists of interests in exploration concessions in New Zealand and Romania and producing properties in the Taranaki Basin, New Zealand. In New Zealand, it holds a 30% working interest in the Petroleum Exploration Permit (PEP) 54877 and the Petroleum Mining Permit PMP 60291 (Cheal East). PMP 60291 is the location of the Cheal E-Site and the Cheal E-site production facility as well as the Cheal-E wells. The oil and gas production comes from over five wells on the Cheal-E site, the Cheal-E1, E2, E5, E6 and E8 wells. It also has interests in over four blocks, Tria (EX-2), Balle Felix (EX-3), Periam (EX-7) and Biled (EX-8), which covers a total of approximately 4,079 square kilometers (1,007,500 acres) and are located in western Romania on the eastern margin of the producing Pannonian Basin.


TSXV:EW - Post by User

Bullboard Posts
Comment by mirage2014on Apr 19, 2018 5:20pm
92 Views
Post# 27914067

RE:RE:The current EW bid in the US is $0.069..not just sad, but ..

RE:RE:The current EW bid in the US is $0.069..not just sad, but ..Emile, I've owned this stock for well over four years and all it's done is go lower since I bought in, and all I've done is average down. If I want more shares, I can continue to average down. Rhertig, called this a great opportunity to buy cheap shares,  and he wants the stock to stay at these levels so management, and he, can continue to buy cheap shares....OK. Does he care about investors that bought over a buck? Probably not, but why should he? I'm sure he'll keep pounding the table to keep the stock down until he has a full position. I thought I had a full position,.....a few years ago.

I subscribed to Richard Lejeune's premium service, and he pounded the table on this stock. Well, he bolted, and I was so underwater when he did that I stayed. In hindsight I should have joined him, but I thought management's interests were aligned with their shareholders. I've been more than patient. I thought I bought low but I was wrong. EW has been going lower for a long time since then,  and now it's sitting on top of it's all time low....my patience has run out. Personally, I feel for GoldenOrb, and Gman, and others, that have been in EW for years longer than I have. I hope the stock goes higher for them, and for me. Maybe that's why I give no quarter to a management team that has put EW on ICE....nevertheless,  thanks for your astute advice.
Bullboard Posts