WestFire Energy Ltd T.WFE

After a few days to let steam off....

[can1]

I have to believe that the greasy sprott boys are up to 

something. They put the squeeze on westfire  and vended in 

guide. I'm not excited about an Ex Penn West puppet at the helm

but maybe, just maybe somethings up.  This smells like a huge 

leverage play. That's why guide corrected so much 

last oil sell off.  Westfire held in.   Either way. This is now a leverage growth 

play. Pure gamble on markets.

[bankerboy28]

As everyone can see today...the prices are controlled on huge volume...they were both walked up before merger announcement because they anticipated that both WFE and GO would sell down as they have...too bad somebody like Crescent Pointe  doesn't step up and offer a lowball $6 cash offer a 50% premium ( closed today $4) and they would walk away with great assets  production and

[Majormac79]

These merged companies are never going selling for a discounted price of 6$ get off the dope its having ill effects on your thoughts. The combined company Long run exploration will likely look to continue merging with other prime neighbooring properties to create a giant reserve without needing to finance a buyout through debt. As for Sprott, they have been highly leveraged to precious metals

[bankerboy28]

Maybe you should get off the dope and get your eyes checked at the same time...if you READ my post its referring to WestFire a $6 cash offer 50% from todays closing price of $4....now read it slowly this time...BB28

[noob101]

IMHO everyone but Sprott and the GO management lost here. I could bet my humble WFE position that WFE management got this deal pushed down their throats and after all their work, sweat and money they have put in, they are probably the biggest losers here....Cormark as advising firm to the Strategic Alternatives process (hm...) not really "arms lenght" with Sprott...Brussa on both boards