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East West Petroleum Corp V.EW

Alternate Symbol(s):  EWPMF

East West Petroleum Corp. is a Canada-based junior oil and gas company. The Company is engaged in the exploration, development and production from certain of its oil and gas properties. Its portfolio consists of interests in exploration concessions in New Zealand and Romania and producing properties in the Taranaki Basin, New Zealand. In New Zealand, it holds a 30% working interest in the Petroleum Exploration Permit (PEP) 54877 and the Petroleum Mining Permit PMP 60291 (Cheal East). PMP 60291 is the location of the Cheal E-Site and the Cheal E-site production facility as well as the Cheal-E wells. The oil and gas production comes from over five wells on the Cheal-E site, the Cheal-E1, E2, E5, E6 and E8 wells. It also has interests in over four blocks, Tria (EX-2), Balle Felix (EX-3), Periam (EX-7) and Biled (EX-8), which covers a total of approximately 4,079 square kilometers (1,007,500 acres) and are located in western Romania on the eastern margin of the producing Pannonian Basin.


TSXV:EW - Post by User

Comment by Isaiahmanon Mar 25, 2021 9:43am
151 Views
Post# 32874344

RE:IF YOU OWN EAST WEST DUMP IT ITS DEAD ITS FINISHED

RE:IF YOU OWN EAST WEST DUMP IT ITS DEAD ITS FINISHED247cashflow.......

You joined yesterday and have been all over the board saying this and that about stocks to sell.  Since you just crawled out from under the rock because of the COVID-19 fear and have been deaf to the news since the end of March 2020, lets look at some of the past with this little company.   

Yes this is a penny stock.  Yes they have had some management turnover.   Nothing new in the corporate world, management moves on.  

They have cash in the bank.  More than the price of the stock at this time.  They have assets, New Zealand.  When the deal looked weak to sell the New Zealand assets, the deal was withdrawn.  Now they have Cash flow in the bank.  

They have some stock in other Canadian stocks and those are showing some promise of profit.  Good on them.  When sold, it's Money in the Bank.

Now let's talk about blue sky.  We all look at the sky and see the wonderful color blue.  Do we know how deep the sky is from the ground looking up.  NO  But Romania is the blue sky we are looking at.  Dreams are made in blue sky.   like when we were kids laying on terra firma  making the clouds into dreams.  This is what life is......dreaming about the future.

So blue sky is what someone else is willing to look up and see how far it goes.  That is risk.  We all take risk everyday.  Driving, working, eating, breathing.   These are risks we must take.  All the others are decisions that the individual takes freely.   Fear-mongering is what we have lived through the last 12 months.   So since you climbed out from underneath your rock, take some solace that we who faced this devil face to face and have come out on the other side will be okay.  

Hey it's only money, and life is more important.   If the risk is too much for you, sell and move on.  Life is too short to live in such fear of losing your manna.  Sell and sleep well tonight.  God bless 

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