Headwater Exploration Inc T.HWX

Added today - 7% dividend

[riski]

Where else can you buy a company with explosive growth prospects, no debt, nine figures in cash on the balance sheet and a 7% dividend? 

There is nothing that rivals this. It's too good to ignore.

[harvester]

Cardinal Energy

[riski]

Definitely not interested in CJ. They are robbing Peter to pay Paul right now to fund that dividend. They are going to have to do a divdiend cut if oil stays at these levels. I wouldn't want to own CJ when they announce that. Plus management was dishonest about the debt. What other negative news are they gonig to surprise with? Compared with HWX which has honest management, no debt, hoardes

[JohnnyDoe]

What was it that mgmt said that was dishonest about the debt? Curious. 

[riski]

Dishonest wasn't the right word and not a fair characterization of CJ management.  What I meant to say is they promised debt free status this year, but then deprioritized that goal funnelling cash elsewhere. Builders want to build and with cash in hand, paying down debt is ultra boring to them.  So they surprised with a change in strategy without telling investors until thr