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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

Post by 1970Craigon Nov 29, 2022 7:45pm
330 Views
Post# 35138284

WHITECAP

WHITECAP

 Whitecap this week will close above 11.50. 

This is my call.   Next week we get to 12 and we begin a new day around 11 to 14.  

   I am in a positive type of mind set today and all indicators would leave me to believe that a price correction higher or 70 percent.  Then 20 to 30 % we get more of the same or a pull back into mid 60s.   I am of the mind set that going to mid 60s will actually create a disconnect in stocks and oil as I don't see stocks finding a bottom like say oil at 63 or 65. 

   So the disconnect with a bull run on oil because $65 would be overblown IMHO ?   

 So the disconnect with a upswing in oil will actually get that big rally.

    So let's see.  I think I am on the money this time

   Lol
Craig   

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