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Wavefront Technology Solutions Inc WFTSF


Primary Symbol: V.WEE.H

Wavefront Technology Solutions Inc. is engaged in the advancement of dynamic fluid injection technology for oil and gas well stimulation and improved/enhanced oil (IOR/EOR) recovery. Through its Powerwave technology, it provides the oil and gas industry to place fluids into the reservoir. The dynamic action of Powerwave’s fluid pulses diverts injected fluids away from established flow paths, achieving better fluid distribution. Its patented Powerwave process is an injection technology that improves the flow of fluids in geological materials, including sedimentary soils and fractured rock. These materials are composed of a solid matrix and pore structure, which contain fluids such as oil and gas. The Primawave process is a method for aiding in-ground environmental remediation clean-up strategies in contaminated sites. Primawave provides the environmental sector with a solution for aiding in the clean-up of contaminated sites. It deals directly with exploration and production companies.


TSXV:WEE.H - Post by User

Comment by AboveBoardon Jun 18, 2022 12:58pm
138 Views
Post# 34766797

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Oil production

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Oil production

tannin wrote: "Two more moves this year for Canada after the 13th.  Can you profit using this knowledge?". wrote AboveBoard. That's not 'knowledge' buddy, that's a forecast....very different.. Fwiw, two more rate hikes may well be correct, doubt your 75 point forecast but who knows.....my main concern is that, an oil price hike of the size and duration we're having is usually, all be itself, suffient to generate a recession, which has me concerned about adding too high an interest rate hit on top.
WEE stock price depends largely on company performance; high oil prices helping. The supply bottlenecks the company mentions are bedevilling industry throughout N.A.......various grades/types of steel unavailable, delivery times for production machinery stretching into next year, parts for machines on long backorder....custom machining companies, ie owning CNC machines, some out of biz due to covid, survivors swamped with biz. It's a real mess.

 

 "Canada will follow US lead from the 75,".  Your interpretation is one dimensional and leads to an attempted scolding.  How about Canada will raise interest rates (follow) the US raised 75.  It does not mean Canada will raise 75 pts.  50 to 75, high probability.  With this knowledge (be aware that interest rates are going up) can you profit?  Not looking for a debate.   

In Canada, internal talk at banks was 5.75%  mortgage rates.  Currently 5.17%.  3 more dates for raises.  Will target 5.75% be passed?  What's your forecast?  

For WEE, supply chains have impacted business, according to management.  Wee will see how things transpire.  Is geothermal a legit possible?  What is the progress?  UAE progress?  Kuwait progress?  Saudi progress?  $500k deal progress?  Other?   I am tired of excuses too.  However, I will sit tight.

Will the monkey push a new banana moving forward?   Very loaded.  What is the forecast? No reference to a human, btw.  Ignore this for now. 

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