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Bullboard - Stock Discussion Forum WestFire Energy Ltd T.WFE

TSX:WFE - Post Discussion

WestFire Energy Ltd > Competency
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Post by bbRancher on Oct 26, 2011 2:31pm

Competency


Forest fires and flooding blamed for missing targets?  Complete geoscience, engineering and productionsoperations overhaul on an asset just purchased? Over-accruals? Blah, blah blah
 
If the assets are as good as advertised, might be moreproductive to overhaul management.
Comment by fullyautomatic on Oct 26, 2011 4:34pm
Agreed! An asset purchased ha. Sprott gave them Orion and they still can't succeed. I'm very surprised this didn't trade much lower today.
Comment by dmacd on Oct 26, 2011 5:50pm
I am hoping the market will start shifting the money flow towards the junior / intermediate oils. That usually starts to happen right about now for the winter rally, assuming we have a normal winter rally. I will buy more if there is a nice opportunity in the coming weeks.  Nice to see the Orion production is fully integrated now.  Overall these results are very solid. Did ...more  
Comment by barneyj44 on Oct 26, 2011 8:22pm
Thanks dmacd for your thoughts and great commentary on Westfire, I myself do not know a lot about the daily running of an oil company such as Westfire, I bought in because of good Management and Nuttals recomendation. I got in too early by the looks of things am going to wait and see a few more quarters. I like the fact that insider Ed Chewyl has purchased over 53000 shares since September, I ...more  
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