TSXV:WEE.H - Post by User
Post by
everswannon Apr 05, 2010 8:22pm
388 Views
Post# 16958753
Low SP = Takeover
Low SP = Takeover
I pilled up a significant amount of cash in this company.
The way I see it, if SP stays low or too low. This company will be taken over.
Management was frustrated to see that market was not properly rewarding the stock. That's why we got the update.
Everyone 259 is a nice number.
166 is well above the break even mark.
The installed number is irrelevant but for morons.
This is it the holy grail of oil is being recognized as such.
The best part of today's news release is that it was unexpected - a new client - prospective massive new orders.
International client.
All you can buy at this point.
Cernovus has been experimenting with SAGD and Powerwave, SAGD is a huge new market....
Also, another client satisfied and happy with the results.
This tech works and it works better than people think.
PEMEX delays are just bureaucratic delays - slam dunk day is coming.
In coming weeks, more clients adoption, more contracts... less risks...
Cheers.