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Re: jdubs post# 58670

Thursday, 06/08/2006 10:25:25 PM

Thursday, June 08, 2006 10:25:25 PM

Post# of 361320
Jdubs, no way investment bankers on this play. This is strictly ppo land or venture capital, and my venture capital friends have said they wouldn't touch it. Cwpc (Can West Pete) was a crap stock like this until they drilled a good well in the oil sands area of Sask., Canada. Went from $.25 to $1.00 on spec on the well and then, when they hit good ratio for oil in the bitumen sands, they went to four then eight dollars a share, now about $7. Investment firms started buying in at about $5 when there was a promise of going on a major exchange. This deal? There is no investment banking firm on the planet that would touch this. The news from WB is a kiss off, the guy is a toady! IMHO