Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Headwater Exploration Inc T.HWX

Alternate Symbol(s):  CDDRF

Headwater Exploration Inc. is a Canadian resource company engaged in the exploration for and development and production of petroleum and natural gas in Canada. The Company has heavy oil production and reserves in the Clearwater/Falher formations in the Marten Hills, Greater Nipisi and Greater Peavine areas of Alberta and natural gas production and reserves in the McCully field near Sussex, New Brunswick. The McCully Field is located approximately 10 kilometers (kms) northeast of Sussex, New Brunswick in the farming community of Penobsquis. It owns and operates a natural gas processing plant, with a processing capacity of approximately 35 mmscfpd, and a 50 km transmission line connected to the Maritimes and Northeast pipeline. The McCully Field is a winter producing asset connected to the northeast United States gas market. The Company drilled its first stratigraphic test and single-leg horizontal well, prospective for heavy oil, in Handel, Saskatchewan.


TSX:HWX - Post by User

Comment by Khersonon Apr 04, 2023 10:59am
143 Views
Post# 35378573

RE:RE:RE:RE:RE:RE:Engineering VP selling...

RE:RE:RE:RE:RE:RE:Engineering VP selling...Actually largeone, some of your last post does not make any sense. From what I am looking at, Danku sold 300,000 shares and realized about $1.9 million. He also spent about $ 500,000 exercising his options. Therefore he has about $1.4 million to use to pay his tax bill on a net capital gain of about $1.0 million max, if we are factoring in that the shares he actually sold cost him nothing. 
On top of that, your assumption that the value of the stock drops come this time next year, if valid, should have all shareholders worried. In fact, I have been saying for quite sometime that HWX is overvalued and the shareprice since November has proven me to be correct!
Kherson

<< Previous
Bullboard Posts
Next >>