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WestFire Energy Ltd T.WFE



TSX:WFE - Post by User

Post by can1on Apr 30, 2012 12:49pm
380 Views
Post# 19852221

simple logic.....

simple logic.....

Usually when the term "strategic alternatives" comes up, it usually means we have no money left or someone with a power position is not happy.  So..... look at the board of directors. The people with skin in the game usually want a board position. A person(s) on the board has pushed for this. Things happen for a reason. A striking coincidence comes up. A few of the board members also are on the board of Baytex. Baytex likes solid volume to replace depleting reserves. Baytex buys bbl's of oil.  Another coincidence, Baytex recently sold approx $325,000,000 of properties and stated the funds were for "either" debt paydown or to purchase new assets. What is Westfires current value? Hmmmm.....  This is great company. The builders know it, they just can't stop it from going on the block. The pigs at the trough want their feed.

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