OTCPK:WSRLF - Post by User
Post by
oilkidon Oct 28, 2009 12:44pm
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Post# 16431418
History
HistoryHistory doesn't lie. Let's look back Sept 08 when WZR was trading around $ 1.60, in Aug it was trading around $ 2.50 and we as shareholders blame the world melt down for this big drop in price. In the end WZR released a NR stating that they were back to drilling after being down for 30 days due to a drill bit getting stuck. During the process of the first well we incountered huge drops in share price, each and everytime WZR denied that anything was wrong but would release something at a later date confriming they did have problems...
Here we are waiting for results from the second well. Stocks trading at $ 1.40 down 50% from the month before when it almost hit $ 3.00. Investors calling the company asking if there is anything wrong, Dorreen saying everything is on target and can't figure out why price is dropping. You have J.S who was on BNN last week, WZR has been his #1 pick for the past year and he couldn't say enough good things about this comapany, now he really didn't even give WZR the time of day.
So after looking back in history and everything that has happened with WZR do you really think that things are going great and everything is on target?
I love this company for many reasons, but at the same time I want to hang them. Be careful people, I personal think something is in the mist and price could drop lower before we hear anything though a NR.
Cheers