OTCPK:WSRLF - Post by User
Post by
uLYSESSon Aug 16, 2010 10:43pm
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Post# 17355765
SPECULATIVE BUY/JOHN PAULSON is the largest shareh
SPECULATIVE BUY/JOHN PAULSON is the largest sharehListen kids, this is a venture capital investment for anyone that wants to put down the .40 a share
That's the beauty of this and the danger
There are some smart players in this one: Former Big Oil Executives; Talisman and JOHN PAULSON (the largest shareholder)
The block is worth something, and eventually oil will extracted and hopefully sold
This will all take time. Same with political issues, etc., PSCs, etc.
The question is does TALISMAN loan WZR $
Do they buy them out at a premium .....? Do they sell shares ......?
do we simply continue with this well and drill the new shallow target?
There is a bit of a whipsaw game going on here, if you haven't noticed .....
Anyway you slice it: there is a potential for capital gains here
imo
I am getting interested once again
ulysess