OTCPK:WSRLF - Post by User
Comment by
newtonboyon Sep 16, 2009 9:02pm
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Post# 16312955
RE: RE: Cause of the Drop.................
RE: RE: Cause of the Drop.................It is highly speculative to invest in any company doing business in this neck of the woods. WZR is not not drilling in the friendly confines Alberta or Saskatchewan. Let us not forget that they are in Iraq! We as investors have to expect radical share-price declines everytime a rocket or a bullit is fired in this area. Profit taking or a correction in SP is a probable occurance, but due to the coincidental timing of both these events, I find it unlikely. VST took a 10% hit (same day) with no bounce back today, on heavy volume, and they are not close to being in the same league as WZR.
Just my opinion of course.