TSXV:WEE.H - Post by User
Post by
OutVestRon Dec 22, 2022 12:24pm
247 Views
Post# 35187345
Something Is Up
Something Is UpSomething is Up. No new business news for months and now I see Brokers that cover the same Oil Service Companies WEE does business with...is buying. They're not buying because WEE is in trouble...they're buying because there's something in the air.
As Eric Nuttall said.."..Oil Companies are all flush with cash and companies with Tax Losses are at a premium right now." WEE's tax losses alone is approx. a $0.70 stock value.
THIS IS MY OPINION ONLY.
This traffic is related to a buyout or a partnership. WEE does have a $5 million and a $10 million service agreement, .70 in tax losses and very good well stimulation and well workover technology that can easily be absorbed into ANY MAJOR oil field service company.
WEE may be a one trick pony, but that pony has value.
90 million shares against any multiple $$ .. is cheap for this company. And since no one wants to invest in New Drilling and New Wells...existing well workovers and stimulation is top of everyones list especially for 2023 when Oil climbs back to $100.00 a barrel .
Let me know what you think about this
GLTA