Bowood Energy Inc V.BWD

strategic alternatives news prior to 30 day ip

[dean68]

does anyone have any concern that they would announce strategic alternatives before releasing the 30 day IP rates?.  Seems to me that they would want to make a release like after releasing some positive data.  perhaps the 30 day numbers were on the weak side.

 

just speculating, thoughts...

[pricecheckon2]

Again someone finally has a brain in the BWD pump-and-dump story.  Yes the Bakken has a chance to be a decent play in time, but it will take hundreds of millions to actually capitalize the play.  BWD management blew it with their gree when they didn't raise tons of capital at the .70 range and now shareholders gains will be muted by their inexperience. The price run over the past

[Bob56]

another fool steps up to the podium on the floor to spew his nonsense.  top is right here huh price check?  keep guessing buddy

[rigrat2]

So BOB do you actually have something of value to say ???? Seems like u are kind of a jerk.

[pricecheckon2]

BOB is just another want-to-be oil expert who knows little or nothing about the industry and therefore gets sucked into speculative spin stories like BWD at 4 time the current trade price!  With the giant yawn in the market today on the company strategic process announcement, the smart money is telling us this company is worth anywhere from .20 - .30 a share if and only if, Trent at Legacy

[rigrat2]

I would not go so far as to say that Crescent point has abandoned the play. Nothing wrong with letting other companies such as  MURPHY, DEE THREE, ARGOSY, SHELL, TORC and others do the initial drilling in this play.  Crescent Point and others with a good land base can afford to wait. 

[sureshotz]

CP has made themselves look rather foolish if you ask me.... Conceptually they were correct, however, they're in the wrong part of the sandbox. It looks good on them.  BWD is an easy double at this price. The move is ingenious!