OTCPK:WSRLF - Post by User
Post by
uLYSESSon Jul 25, 2015 8:24am
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Post# 23959462
A conversation ...
A conversation ...A buddy of mine were talking about WZR and its prospects a few winters ago and the general concensus was for management to sell to a larger company because of all the costs involved in developing the two fields,contract/rights problem, long-term outlook/long-term reserves, etc.
This is when the stock was around $1 +/- AND WAY BEFORE ISIL/ISIS
Now we were not professional E and P oil company managers ...if we could see that, why didn't WZR management-or did they and chose the status quo ...
I ask, if you are making a good living in a TSX-V co. do you want the party to end?
Of course, with stock and options you could retire easily with the right deal ...
Not sure what the thought process was then or is now?
Without Crest and Paulson, we would be in deeper waters that's for sure ...
Can we reach Scotia's target of .75 CDN or is that the buyout price, long rumored?
PS take a look at Peregrine Diamonds (PGD) (Next Victor Mine?) and Equitas Resources Corp (EQT) (Next Voisey's Bay?) for new dreams ...
This one is a nightmare (See IPO price)
ulysess