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WesCan Energy Corp V.WCE

Alternate Symbol(s):  GPIPF

Energy Oil & Gas E&P
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

WesCan Energy Corp > Why is this moving so fast?
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Comment by Theconsortmanon Mar 09, 2021 10:32am
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Post# 32751936

RE: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:RE:Why is this moving so fast?These numbers suggest run! Please convince me otherwise. I couldn't find the proved producing reserve value. If you could that would be great.

These numbers concern me, they are not for you?

The negative operating netback of $39 !!

Debt:

$694,158 on demand intrest rate 10%

Mar 31,2020: Working Capital Deficiency: $1,528,545
Dec 31,2020: Working Capital Definciency: $1,980,542 (+$451,997)

Now this proposed raise: If successful this raise  will add another 4 million shares to the float.


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