TSXV:WEE.H - Post by User
Comment by
BenVest99on Feb 11, 2010 8:53pm
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Post# 16778317
RE: RE: Valuation Imhof
RE: RE: Valuation ImhofThe journalist did say that wee would probably be taken over by a producer (the one that has used wee for 2 years, i.e Encana) if the technology works. That is very unlikely at this time IMO considering that WEE is so close to hitting it big with Pemex and the potential of having other producers getting on board this year.
If WEE successfully execute their strategy and diversify their client base quickly enough, as it seems the case right now, they will not be the victim of a vertical integration. If the get taken over, this will be a huge failure for management and the board IMO.
GLTA