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Bullboard - Stock Discussion Forum Westcore Energy Ltd V.WTR.H

Westcore Energy Ltd. is a Canada-based oil and gas exploration and development company. The Company is focused on the development of its Success Formation heavy oil fields located in west-central Saskatchewan. It has 100% interest in approximately 9,000 acres of Success Formation land with Westcore drilled wells in production. The Company has 100% interest in 34 net sections of land in two... see more

TSXV:WTR.H - Post Discussion

Westcore Energy Ltd > Have we been ERC'ed? Westcore suspended... hmmmm?
View:
Post by GETaLONG on May 13, 2021 10:21am

Have we been ERC'ed? Westcore suspended... hmmmm?

What say you, RON?
Comment by phoenix_trader on May 13, 2021 11:09am
Looks like Westcore's management did not advance funds for the audit. With close to $8 mill in available tax losses, property and suspended oil & gas assets, not to mention the listing value, the question is why.  Eros has available cash and investments of close to $20 million and a market cap of $8 million but is not supporting Westcore, lots of moula for MAS and SMP but nada for ...more  
Comment by phoenix_trader on May 13, 2021 11:23am
Last AGM was Dec, 2018 with MacNeill and Eros holding about half the stock. Principal Holders of Common Shares To the knowledge of the directors and executive officers of the Corporation, as at the date hereof, no single shareholder beneficially owns, directly or indirectly, or exercises control or direction over 10% or more of the votes attached to the shares of the Corporation except for the ...more  
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