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Bowood Energy Inc V.BWD



TSXV:BWD - Post by User

Comment by chizledon Mar 11, 2012 5:57pm
297 Views
Post# 19655702

RE: Sonny

RE: Sonny

I am definetly not trying to pump this stock . Just express my opinions and knowledge about the companies in the area .  I just recently bought into this stock. I believe there is a lot of value in the land postion they hold . If anyone invests purely on what they read on forums that is a recipe for disaster . I just recently started a position in this company . If it goes south over time I will sell for a tax loss far down the road. I could use a bit of tax loss selling to help out with some of the ride up in the market lately.  I am barely below my buy in average share price of .17   I looked at this company a year ago when I was comparing it to Dee three and felt it was extremely over valued at .50 but on recent news in the area . I find a lot of value in the company at these levels . The company has a lot of options in front of them .  20 million in two wells is no doubt a lot of money . A lot of other companies have been able to complete their wells for well below this in the area. Murphy for example has a much smaller budget / well . Torc has had great success in the area. A saxxon Rig is about to move back down to Lethbridge in a few days to continue on their success . Its not pumping when I am backing up facts with my opinions . As far as the Blood Indians . I what they want to do with there money who knows . But personally what better way to invest then in your own land and people . I doubt they ever would but if I had the money and land they do.  I would put some of it to work to get a return off my own assets .

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