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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

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Post by marketsense on Nov 15, 2022 4:28pm

Volume

Wonder how much of the selling was shorts and buying was short covering.  This 
kind of news plays right into the shorts who can quickly drag weaker holders into 
panic selling.

If the next wells they drill come in with good flow rates,  all will be forgotten as quick
as the bad news appeared and then faded.  I have not lost any confidence in this
group despite pulling a duster.  They know one hell u va lot more about this business
than I will ever know and their track record proves it.
Comment by hsbc11 on Nov 16, 2022 1:19am
This post has been removed in accordance with Community Policy
Comment by Bennys65 on Nov 16, 2022 7:25am
Like others I was suprized with the results from strat drilling at shadow.I was hoping for some tail wind under the stock as news leaked out .61 sections is a lot of land and hwx is still a small companyIt was wildcat drilling which allways has the potential to disapoint..Sucess there woild be hard to ignore.Did get my chance to buy on weakness yesterday so am not complaining.The important fact ...more  
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