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WestFire Energy Ltd T.WFE



TSX:WFE - Post by User

Post by bankerboy28on Sep 11, 2012 11:36pm
267 Views
Post# 20350606

Time to get out...and I did......................

Time to get out...and I did......................

way too much opportunity cost to hang on and hope for the best...better to take a small loss and just move on to bigger and better things...no comment from Sprott probably because they cannot until merger is done....value investment charts look bad and IRR for WFE is only 2% and for Go its -45%....they are desperate to try anything...like I said before I would have been happy to just hold WFE and let the management continue to grow the company and look for takeover suitors a year from now...this Long Run merger idea is just a slow train to nowhere...the majority of institutions and retail investors voted already the day of the merger annoucement by selling shares and getting out....this new company could be in the mud for along time...this merger idea reeks of desperation...good luck to all...BB28

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