RE:RE:Do yourself a favour and follow the correct oil price.WCP is badly run. Sure executives and c.e.o. to put gravy on their huge salary and perks wants all to beleive that those acquisition are good. They are not. First WCP oeprations costs are some of the hignest in the industry,'
Those acquisitions were funded with issued shares at low prices Since then WCP is low and remain low.
As for my friends from Nevada m he is very well connected and told me Fagerheim is still looking at making acquisitions and it was reported to him that a company has just been approached for yet another acquisition
And also WCP belongs on the TSX , Tsx does not have the technology or will to prevents company like WCP to create losers and winners in a very unfair way.
So those acquisition are a complete powder in the eyes, Sure it performs well but the price paid for it was not acceptable for informed shareholders . BTW WCP does not give much wajtever of their shareholders You can have Fager go to New York and gets investments and come back "" well i cannot get to invest in WCP'' so therefore ...
And those assets acaquire from cenovus are only part assets.
What i was told from my friend from Nevada is within the circle that Fager is a true Canuck $300 pride and a Conservator ( known by Texas and U.S. big investors) that Fager bought it from pride to help Cenovus that was in big financial trouble,.
WCP is agood company for them ( executives and CEO ) and not a good company for us.
Your acquisitions are a complete failure for the shareholders