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WestFire Energy Ltd T.WFE



TSX:WFE - Post by User

WestFire Energy Ltd
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Post by massaadmon Sep 21, 2010 10:43am
507 Views
Post# 17473429

what am i missing?

what am i missing?I do not understand the weakness in the price of WFE? Their exit rate is 50% higher than their avg Q2 production with a projected 60%+ oil weighting. Is it overvalued at this price? Why is the market ignoring it?

their last financing was at 8.00$/share in may, excellent Viking land base and no debt.

any ideas?

disclosure: I have a position @4.99.
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