WISR Ord Shs V.WZR

RE:RE:RE:RE:RE:RE:RE:RE:RE:Can one trade WZR rights now

[Espana]

G: To tell you the truth when I first saw the rights terms, I thought I would like to be in on Crest's  Preferred share deal. WZR will generate some income and probably have enough salvage value to "guarantee return of a 65 cent investment at a minimum given the first in line position. To boot there was a lottery ticket for any upside. I believe they still have a safe deal for return of investment but diminished upside.
CF: You're always a day late and a dollar short. 1) You did not understand the Crest rights backstop deal until it was explained to you as you called it merely dilutive to earnings in an earlier post. 2) Your reference to "your 200mm bbl conservative guess"  was not yours at all.  It was a knee jerk reaction to my comment on WZR's PV calculation and you screwed it up. 3) Your inference that I don't have any facts wrt reservoir engineering is because you are totally clueless when it comes to science. TLM says: We've run 6 dst's on T2 and we can't give you oil rates but we "see" oil on logs and pressure data. The reservoir is complex and we'll have to drill some more.... This is not "yeah we got 30000 BOPD on a restricted choke" they would be dying to tell us and prospective buyers that! Solution -  the reservoir sucks. Similarily, K-2's  2000 BOPD over 45 days with too much gas tells you this is not GOR gas. b Solutions - drawdown pressure, coning, volatile oil..? It's not rocket surgery and takes no "insider" information whatsoever.  When you're totally ignorant it's best to keep your mouth shut rather than broadcast your IQ.  4) Your standard comeback is name, rank and serial number. I trust this guy.... be it  Stanton, Hadfield etc. whoever ... because he knows stuff. Well they make mistakes as we have clearly seen. Maybe the fact that in October 2014, insiders exercising $0.56 options (granted years ago) for WZR stock and selling these WZR shares for $0.64 to $0.74 doesn't surprise you (you knew it all along!) but it tells me something.   #### jumping the ship?? Is there more to come in November?
Ref. https://canadianinsider.com/node/7?ticker=WZR