Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

WestFire Energy Ltd T.WFE



TSX:WFE - Post by User

Comment by bankerboy28on Jun 22, 2012 4:23pm
155 Views
Post# 20045783

RE: RE: Steady as she goes........................

RE: RE: Steady as she goes........................

I do not think that WFE will fail to attract a buyer..they said in the annual meeting that there was very high interest in the data room....it may just be a failure to get a fair price......I think with energy growth companies it is about fundamentals and management but more importantly its about "location" just like in real estate...its everything...WestFire has prime proven productive land...I think the risk reward is good if you are a mid to long term investor...if there is no takeover then it probably sells down as the gamblers get their 500 shares out and the shorts have some fun but that will be short lived ( no pun intended)....your comment on 40% premium of todays price is only $5.74...management would say a big fat no to that...I do not think WFE will likely get a takeout offer becasue of that...the price will be too low...the market is in shambles....I think they go with a dividend...grow the company...and in the mid term the value will surface...I will hold now and see where it is 3 years from now...bet I make money...heres hoping....BB28

<< Previous
Bullboard Posts
Next >>