WBE
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10.0% 1.1¢ whitebark energy ltd

One Year ago we had 102 oil and gas Riggs in Canada.Today we...

  1. Pirates
    42 Posts.
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    29/06/20
    22:24
    Post #: 45525636


    One Year ago we had 102 oil and gas Riggs in Canada.Today we have only 13 oil and gas riggs. The price of Western Canadian Select was $37.00 last OCT 7 wbe price was .008. On 4th NOV oil was $34.29 and wbe was .008. On DEC 2nd oil was $34.96 and wbe was .009. On 13th JAN oil was $35.58 and wbe was .012.
    The price today 29/06.2020 of Western Canadian oil has back to$34.99 and wbe is only .004?
    I think the company is way under valued because the selling price is back to last years prices and the number of oil and gas riggs has droped from 102 to only 13 oil and gas riggs in Canada.
    The price in my option should be 10 times the price than what it is today (.004). If the price was at this far rate then people would exercise thier options and the company would have $6 million extra dollars to drill Rex 4 and REX 5 and the share holder and directors would be very happy share holders.
    Thank you for reading my post and think about it. DYOR.
    Regards Pirates
    WBE Price at posting: 0.5¢ Sentiment: Buy Disclosure: Held
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