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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 Bennys65 on Jun 10, 2023 7:29am

WCS

WCS diff now -11 vs not long ago -30.Our oil is wcs priced .Going into the second half if we get wti starting to move up this and other heavy oil producers will be making great bank. There is a lot going on with this company .Looking forward to future news flow.
Comment by marketsense on Jun 10, 2023 3:18pm
Benny,  like the company but don't like the oil market.  I sold out on this last run.  There are many good oil companies out there but they are not trading on their good fundamentals.  That worries and concerns me.  It has been that way for quite a while and until we get the geo politics sorted out and some stability back,  I'm out. The supply and demand ...more  
Comment by Bennys65 on Jun 11, 2023 4:42am
I dont trust the market as well on both the downside and upside.I feel I just need to be there when it turns.Early entry into hwx makes that possible.
Comment by marketsense on Jun 11, 2023 12:31pm
Understood, Benny.  I assume you bought in way below my purchases that were from just below $6 all the way up to over $7.  If I hadn't swung traded it which I did at least 5 times,  I would still be holding it hoping eventually the market would get around to giving it a more deserved valuation.  I made several thousands on these trades but would have made "0" ...more  
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