Bowood Energy Inc V.BWD

Land

[eastup]

Bowood's sitting on a pile of land that they purchased for a pittance. That's the key to their future.

[Majorwood]

Thanks for the reply....new fella. So they have a bunch of land fair enough, the key is what is under the land, more land or quality oil. Wolf has already mentioned he was pumping perhaps you could enlighten us further. The share price today went a bit south, but the whole market seemed a bit off. 

[eastup]

Major, They have millions in land but are working on acquiring land that could be worth tens of millions. Do they have it now? I don't think so. Are they close? I would say as close as they've been in three years. Is the land proven? No, but it's in the Bakken formation. I think previous posts on the matter are informed with respect to the Blood negotiations. There are no guarantees

[Majorwood]

East thanks for the info. Couple of things though, I see folks posting about Montana on this board I don't think Bowood has land there and a related note, I understand the Bakken is in NorthDakota and Saskatchewan. Bowoods land I believe is near Lethbridge also I don't understand folks trying to piggy back this company on the Bakken. Unless of course they bought some land over in Saskie.

[eastup]

Major, see page 6 of their corporate presentation at: https://www.bowoodenergy.ca/presentation.php. Among other things, you'll see the following quotes: "Key alliance with Blood First Nations who own 5.7 MM shares of Bowood." and "Significant Bakken/Banff exploration potential." See page 8 also: "Producer interest in the Alberta Bakken in Montana appears to be

[Majorwood]

Many thanks East excellent info and thank you for taking the time. Best.....Major

[Sonny7]

You've been clearly told, Majorwood, but what ever happened to good old fashioned, simple due dilligence?Good Luck!, but if you do hold the stock, you'd be happier with more. More is better in this case.

[Dire_Wolf]

We may be getting very close to a deal with the Nations. Finally broke through .25. Next leg to break .30.

[Sonny7]

I heard it rumored that a deal with the Nation would almosat double their land position That would be huge if there was truth in that.

[OilandGas4]

When the deal closes it will add approx 50% to Bowoods' overall land position and double their land in the Bakken. Look for a NR within next couple of weeks indicating the deal. Smaller land deals don't even really need an NR, but this is so huge for Bowood they will most likley make one. The stock is poised for its' next move upward. I will be holding for some time. GLTA

[Dire_Wolf]

It really is amazing how few retail investors know about Bowood. When we eventually get a meteoric rise in sp is when Bowood will start to get noticed. By then the sp will be much higher and the boat will be missed on getting in very cheap.