WesCan Energy Corp V.WCE

WCE Market Depth

[Roddiggiti]

1 / 50,000 0.065 --- 0.075 18,000 / 1

1 / 16,000 0.06 --- 0.08 42,000 / 1

2 / 115,000 0.055 --- 0.085 70,000 / 2

1 / 1,000 0.05 --- 0.09 135,000 / 4

2 / 28,000 0.04 --- 0.10 28,000 / 2

1 / 46,000 0.03 --- 0.125 30,000 / 1

1 / 60,000 0.025 --- 0.155 10,000 / 1

1 / 80,000 0.015 --- 0.16 20,000 / 1

2 / 423,000 0.005 --- 0.19 5,000 / 1

 

[bdeparde]

Liquidy looking up, I am going to put a 90,000 share block up for sale at 8 cent or higher next week. Wescan issued paper at 10 cents early November. Things getting exciting.

[Theconsortman]

Why would you sell before the super exciting Q3 results are released? You know something ?

[bdeparde]

I have a lot more than 90,000 shares. I've been adding to Cpg, cve, sgy, and SU in November.

[YoungInvestor89]

Nothing wrong with taking a profit, earnings should be relatively predictable, its the new well news we're looking for to propel us upwards. bdeparde check your inbox.

[bdeparde]

If they can come up with the cash any new wells have very attractive economics above $70wti, payback in less than a year. They also have infrastructure to process third party liquids (this is being overlooked by market)... imho

[Theconsortman]

If manaagement has simple taken sharesin lieu of money WCE would now have the cash on hand to drill. Considering running a 50 BOPD company is a 5 hour per week job it should not have been an issue. Considering they have no  finance/engineer or geo on staff they sub all that out. Management has land expertise. Exactly how many land dels have been done in the past 5 years?

[bdeparde]

Regulatory, compliance, legal... are just some additional duties that come to mind.  Are you from consort alberta? Is that why you are so crusty?  

[Roddiggiti]

Updated market depth, way more bid support coming in: 1 / 30,000 0.07 --- 0.085 50,000 / 1 2 / 60,000 0.065 --- 0.09 160,000 / 5 1 / 171,000 0.06 --- 0.095 50,000 / 1 2 / 115,000 0.055 --- 0.10 28,000 / 2 2 / 2,000 0.05 --- 0.125 30,000 / 1 1 / 20,000 0.045 --- 0.155 10,000 / 1 2 / 28,000 0.04 --- 0.16 20,000 / 1 1 / 46,000 0.03 --- 0.175 50,000 / 1 1 / 60,000 0.025