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Bullboard - Stock Discussion Forum WestFire Energy Ltd T.WFE

TSX:WFE - Post Discussion

WestFire Energy Ltd > Merger is Value Add
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Post by Jfallenangel10 on May 16, 2011 12:14pm

Merger is Value Add

The merger is a fantastic opportunity.  I wouldn't be too concerned about the Q1 CFPS either - the average selling price per barrel used in the calculation is $74 - Q2 has averaged above $100 a barrel so you'll get next quarter you will get a huge bump in that number coupled with more drill results.

WFE got the cash, the managment and asset to grow - its all good.
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