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Bullboard - Stock Discussion Forum SilverWillow Energy Corporation V.SWE

TSXV:SWE - Post Discussion

SilverWillow Energy Corporation > Any chance that this stock will go back up?
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Post by fleaster on Aug 23, 2013 2:04pm

Any chance that this stock will go back up?

This stock has done well but ever since Teck took over it, the stock dropped from $1.30 all the way to its current price. What is going on with this stock?
Comment by frankstevens17 on Aug 24, 2014 9:33am
The following is a link to a recent article in the Calgary Herald regarding SWE and it doesn't sound promising. I get the distinct impression this company is on "life support" and the patient may not live. https://www.calgaryherald.com/business/energy-resources/Oilsands+developer+left+with+just+three+staff/10141414/story.html?__lsa=9e46-c6fb
Comment by FrankoL on Aug 28, 2014 7:30pm
I think you are right, this company is on life support.. They still have enough money to last until 2016, maybe 2017, but bear market can last dozen of years. At the very least, they have a smart CEO who really seems to want the company to succeed. In the same situation, many of them would stay full time with absurb salary until the cash run dry. I have it on my watch list, but mainly as a low ...more  
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