TSXV:WEE.H - Post by User
Comment by
loppyon Jul 01, 2008 10:30am
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Post# 15247123
A new chant "WEE, WEE, WEE, we can do it."
A new chant "WEE, WEE, WEE, we can do it."I have not read all the last post, but I am coming back to an issue that I have already brought forward. WEE has recently stocked up on the CASH, IN A BIG WAY.
HOW could they justify that to the investors?
The performance is being proven over and over.
We are in agreement that the tool costs are very low compared to lease value.
If the tools costs is $6,000.00 we must have cash for 2,000 tools and amply reserve.
WHY?
I do not believe the production schedule is the production schedule envisioned by the recent investors.
It is one thing to state a ultra safe target in this market of financial crisis,(knowing you are safe with the cash in hand). It is tuelly another mater to get me to believe that is what WEE is actually striving for.
PS an added benefit for the environment to the WEE technology. REDUCED WATER CONSUMPTION / CONTAMINATION PER BARREL OF OIL.
PASS ON THE ENVIRONMENTAL BENEFITS TO ANY SUCH GROUP YOU CAN.
A new chant "WEE, WEE, WEE, we can do it."