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Bullboard - Stock Discussion Forum 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... see more

TSX:HWX - Post Discussion

Headwater Exploration Inc > Holding Long
View:
Post by marketsense on Sep 21, 2022 11:09pm

Holding Long

After hitting $6.40 2days in a row HWX failed to hold.  I wouldn't even think of selling
although one H ell of a lot of people did but maybe they are just swing traders.  The
oil price is volatile and most of the oil stocks mimic that volatility.

HWX is just got too much going for it IMO to bother playing the little back and forth
up and down movements.  I'm expecting much bigger things after the Nov US elections.One thing that should prove interesting is their 3rd Q report.  That should
set the table for the next few quarters which should start the ball rolling towards
exponential growth in 0'23.
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