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Bullboard - Stock Discussion Forum WestFire Energy Ltd T.WFE

TSX:WFE - Post Discussion

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Post by menotknow on May 02, 2012 1:03pm

Volumes

The volumes are so low.  Look at Whitecap.....they hit over 700K shares traded meanwhile WFE can hardly break 30K AND if you look at the 2011 Financials, WFE had better results than Whitcap......oh well...still holding.
Comment by bshort92 on May 03, 2012 4:12pm
CPG took out a privately held 5600 boe/d (1/2 of WFE) Viking player for $425 million today or about $73K  per flowing boe/d. If WFE is producing 11,000 boe/d and with less that $100 million of debt...there 85 million shares should be at a takeout of $9 a share. But at this point all are waiting on the end of month to get a better picture of the strategic alternatives iniative and ...more  
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