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WestFire Energy Ltd T.WFE



TSX:WFE - Post by User

Post by barneyj44on Nov 17, 2011 8:36am
320 Views
Post# 19244378

Srott Resource Corp

Srott Resource Corpjust came out with there quarter;y numbers ,below part of there report, welcome to the club. Oil over $100 yesterday and we barely break $5, time to put the company up for sale.
As global and energy markets declined in the quarter, SRC suffered a substantial reduction of value in its investment portfolio, particularly in its portfolio investments in WestFire Energy Ltd. ("WestFire") and Guide. However, SRC management believes that the energy sector will remain strong despite the declines in this quarter
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