PS I guess the reason certain WZR posters and/or shareholders want someone like myself gone is that I don't fit the agenda of herding the sheep, of drinking the koolaid, or of dreaming the dream ... at least not right here, right now
The myriad of problems over the last 4-5 years have led to dilution, the lack of cash flow in the next 12 months, if the same continues .... will lead to more problems, more dilution, etc.
There does not seem to be anyway around it, absent a buyout and that buyer is apparently still out there
The irony is that certain posters' own great knowledge of this investment bears all this out.
What if Quebec had been granted semi-autonomous status years ago .... and then the games started with Ottawa and Montreal?
What if there was no solid legal/legislative/judicial, etc framework?
What if Ottawa demanded that they ONLY have the right to make contracts, etc?
What if Quebec started shipping Canada's oil to Russia or the US, and not through "official channels"?
What if the US started to court Quebec and ignored Ottawa?
Isn't this same hypothetical scenario being played out in Iraq?
We all like to think we are smarter than some of the analysts, Bay Street, Wall Street, Howe Street, and Fleet Street ...but often, the reality is we are not
TAQA bailed.
Crest, like the rest of us, saw $1.40 as a near-term floor, with K-2 results taking us over $1.50 and to $2
Didn't happen.
No London listing or news, to date.
Lots of money spent on travel, roadshows, investor presentations, etc.
If you need travel information on London, I suggest you ask WZR's mgmt. Appears that the trips from Calgary to London have been frequent over the last 2 years.
Support of $1 has now been broken, and it is possible ... WZR will keep falling ...
I am not saying this so that I personally benefit, because frankly, I am not sure WZR is a good place to deploy capital right here, right now
Maybe at a lower price, yes. And if something dramatic happens and quick.
I am saying this because it appears to be the reality (at least through my lens) ....
I often get PMs that agree that WZR is not the investment that it used to be. Even last year, at lower prices and when there was more hope for a near-term brigher future .....
The latest cutoff of the exports did not help matters.
Kind of like the old college buddy that keeps talking about two tickets to the Grey Cup and a steak dinner, but 20 years later ... it has not happened.
I still watch, comment, and monitor because maybe things will change