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.

WesCan Energy Corp V.WCE

Alternate Symbol(s):  GPIPF

WesCan Energy Corp. is a Canada-based junior public resource company. The Company is engaged in the business of oil and gas exploration, development and production with oil and gas operations and property interests in Alberta, Canada and Texas, United States of America. It is focused on exploration and development of light oil and liquids-rich natural gas opportunities in Alberta and Saskatchewan. The Company’s assets are comprised of 100% operated, oil-weighted properties characterized by multi-zone oil reservoirs with low declines that include a number of low risk, multilateral horizontal development drilling locations. The Company focuses on pursuing and evaluating strategic acquisitions with synergistic characteristics of long-life producing assets and opportunities with low risk and upside potential.


TSXV:WCE - Post by User

Comment by Roddiggition Mar 09, 2021 9:36am
55 Views
Post# 32751300

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Why is this moving so fast?

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Why is this moving so fast?

Theconsortman wrote: I didn't include the 600k in insider loans. The $1.1 of payables is real, right from the sedar filings Hard to do workovers when you haven't paid your contractors from last time...Or surface lease rentals or...







Best thing to do is speak with the company if you do not believe me I guess. Why contractors and trades associated with these leases, that own shares, would want to all of a sudden get paid when they've waited before is a contradiction to your arguement. They know prices are higher and cash flow is going to increase, payables of this size isn't something new to Wescan. 

Not sure if you haven't noticed yet, but a lot of oil juniors, most of them with no cash flow or much worse balance sheets, are coming back with a vengeance. STMP, WTR, PEI, TZR, SHP, etc. and you know why? Because oil stocks are rebounding, financing is starting to open up. 

But I also looked at your post history and all you did before 2021 was complain about Wescan since June of last year. If you haven't liked the stock for this long of time, why didn't you sell it and move on. Better yet, why haven't you spoken with the company after all these months to see what's going on. In fact, you were bashing the company in July. So sorry, but I don't trust your posts because of what I just read and I'm blocking you because of that. If you are a legit investor, call Wescan and stop making assumptions like you  have been since 2020.

<< Previous
Bullboard Posts
Next >>