TSXV:WEE.H - Post by User
Post by
Everswanon Mar 15, 2010 12:17pm
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Post# 16883487
WEE Safe Bet
WEE Safe Bet
I am not going to complaint too much.
I wanted more WEE anyway. The cheaper the better for me as I can load up on more.
The market will have to agree that the stock is much less risky than 8 months ago or 12 months ago.
SP is bound to head North of 3$ soon.
If you consider WEE as waterflooding (secondary recovery) play then you have access to 10-20% of world oil discovered reserve.
If consider the fact that WEE is usable with CO2 and with SAGD the percentage goes much higher. At least, 35% with CO2 (tertiary recovery) and SADG is oil sand.
Every day somebody is take the plunge and acquiring some WEE for the long term. That's the kind of support this stock needs.
Buzz day will come and stock will rise.
News has been better than expected...
From 87 contracted Powerwave to 284 contracted Powerwave in the last 6 months!
Now that's growth!