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Whitecap Resources Inc T.WCP

Alternate Symbol(s):  SPGYF

Whitecap Resources Inc. is an oil-weighted growth company. The Company is engaged in the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its core areas include the West Division and East Division. Its West Division is comprised of three regions: Smoky, Kaybob and Peace River Arch (PRA). The properties in its Smoky region include Kakwa and Resthaven, all located in Northwest Alberta. The primary reservoir being developed is the Montney resource play, mainly comprised of condensate-rich natural gas. Kaybob is located in the Fox Creek region of Northwest Alberta. The primary reservoir being developed is the Duvernay resource play, mainly comprised of condensate-rich natural gas. The PRA is its original asset area. Its East Division is comprised of four regions: Central AB, West Sask, East Sask and Weyburn. Its Central Alberta region represents the bulk of its Cardium and liquids-rich Mannville assets.


TSX:WCP - Post by User

Comment by 1970Craigon Oct 14, 2021 10:44pm
182 Views
Post# 34007832

RE:RE:Happy and disappointed

RE:RE:Happy and disappointed

  I really like what you said it totally make sense.  Also you never know if these fund managers , you are talking abou have  to go through there proper channels to take a position  , then in time we might see a couple of them take a position .  

   Does anyone out there think a large or mid size fund would find it difficult to pull the trigger for a large amount of shares usually required by these  funds.   We have decent volime So I suppose over days or even weeks they could accumulate a postion.  

   For instance does anyone know when the pension plan that had been selling actually got there shares( they had 17 Million or maybe more , LOTS ) and ( they had Torc shares too )    I know sometimes they do deals where the company issues millions of shares for a certain price , like bought financing ?  I believe it's called that when the banks take them.  This is a bit different because they are not re selling them to clients . 

   Anyway , great view point ! What you just gave me was a lot of hope for a large pop in the share price soon. 

  A fund at these levels if they act fast could get a nice position and still be under 10 bucks.  I think we could accept this ? What you think bull board. 

    Ya Craig !   I do think we could be okay with someone buying a chunk of shares all in one day taking the price To 10 bucks. 

    This Train is not picky. !! Lol 

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