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Western Wind Energy Corp V.WND



TSXV:WND - Post by User

Comment by Xtrykr0on Jul 21, 2010 9:18pm
242 Views
Post# 17286892

RE: My explanation -

RE: My explanation -What would the buyout be? WND has come a very long way, and the longs that have been on this rollercoaster for the past 3 years either want out and/or really want to see the "potential" in this company realized (and I don't mean just the finance closing, but revenues being generated from the new projects). I had emailed Jeff about 3 weeks ago about whether or not the project was on schedule or not. He never replied (he did previously). However, a week later, we got the NR that the financing would come to a resolution mid-September and that everything was in place to start construction immediately that milestone.
I think some people are tired of waiting. Jeff had originally stated earlier in the year that the construction would begin in August, so the one month delay has ruffled some feathers, and with Obama ripping through the markets with trading reform, venture capitals take a big hit as the safe money are pumped into blue chips.
Volume has been very low until the past week. If WND is here to protect the interest of its shareholders, it should do everything at all cost to keep this stock afloat above $1.00. If it dips, I believe there's going to be a lot of people selling their way down as they lose confidence in this company. This truly is a leap of faith. That said, RMT has repeatedly stated that they are scheduled to install the Gamesa turbines (I've emailed their Marketing rep 2 months ago, and they confirmed that the project was on schedule to go). Anyhow, good luck to all, for those that can get some cheap shares, great stuff, I'm almost out of ammunition, the price at which this stock is trading at right now is ridiculous.
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