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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 Jan 14, 2022 7:19pm
232 Views
Post# 34319352

RE:just thinkin

RE:just thinkin

That was a killer post Biker222.  Funny.  I want to add to the Eric Nuttall who was the only one talking this sector up the last few years and add those who hung on all the way down and back !!   Talk about a bike ride !!

   I like the sit on your hands and ME THINKS YOU MADE SOME SERIOUS MONEY !!  I say that because It's hard to see that much money , and actually not take it.  

    If I am wrong it's just choppy waters as you also said and I won't be wrong too long as the corrections will be short lived and be consolidation and a catalyst
for new highs .  

     I feel Greed hanging on and this is based on natural feelings and commons sense ,  but with General investors just stepping in , we are in fact at the lower end of the trade from here to the end of the year.  

   The pot stocks , the green energy.   Especially pot stocks they all go beyond reason in stock price because
everyone gets that weird FOMO and forget all common sense at some point.    

    I remember people buying pot stocks that didn't even have a trading account.  They went and got a account
and bought pot stocks. CRAZY !!  

   We might be on the precepepous of a run to 10 or 11 dollars here.    We are undervalued to some degree and things can get silly with earning reports.  

   We could Correct a bit as you say to but eventually we are getting to a much higher valuation , we are 30 percent at minamim below fair value and according to National Bank and Eric Nuttall we have approx 60 percent of runway after today.  

    Great post and really well said
 Sincerely 

Craig. 

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