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BQI

Started by Athakinu, August 07, 2005, 10:43:17 PM

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Athakinu

"CanWest Petroleum Corporation (OTC BB: CWPC) is
exploring and developing large oil and gas resources
in the sedimentary basins of Western Canada.
The Company holds more than 2.25 million acres of land
under permit for exploration and comes to market
with several billion barrels of proven
and potential resources."
This company has been showing some activity and has reached all times high. This could be a potential player in the oil bubble strategy.
A lot of interesting stuff on their homepage.

http://www.canwestpetroleum.com/s/Home.asp

Anyone here that knows this company?
Thanks.

Athakinu

CWPC is up around 20% today on a good volume (at least 10 times the average volume). If it closes at today´s highs it could be taking off with some style ;D
Thoughts?

saffeysite1

#2
Great pick.   They have drilling rights in the Canadian Oilsands, which are supposed to be laoded with oil.  Could be a winner here. 



CALGARY, Alberta--(BUSINESS WIRE)--June 16, 2005--CanWest Petroleum Corporation (OTCBB:CWPC - News) -
OILSANDS QUEST

OILSANDS QUEST SUCCESSFULLY COMPLETES FINANCING AND IS READY TO UNDERTAKE DRILLING

Oilsands Quest Inc. an operating subsidiary of CanWest Petroleum Corporation announces it has successfully completed a $4.4 million CDN equity financing with CIBC World Markets Inc. acting as its agent, fully funding its planned 2005 exploration program leaving CanWest with a 54.4% equity interest in Oilsands Quest. The Company has submitted a detailed exploration proposal to the Province of Saskatchewan to initiate exploratory drilling on permits the Company owns. Oilsands Quest has also initiated a process of local community consultation to establish awareness and understanding of the Company's plans for its exploration program, which subject to Government approval will start this summer.

Athakinu

CWPC is up 0.12 or 17% today

stocky


saffeysite1

got [email protected] .  Closed at the HOD 1.04.  This stock has mojo.

Nice pick.

Athakinu

The chart is looking very nice. Closing just below the high of the day and reaching all times high today.
I have come across some articles about this oil sand in Canada and some are predicting it will be huge due to the oil issue. What do you think? Could this one be heading at least 100% higher in the short term? How high do you think this one could go?
Thanks.

saffeysite1

Not sure what the potential is yet, don't know to much about the country.  I have heard that there is a lot of oil in the Canadian oil sands.  This move is without any news, so I like it even more.  Look to me that it could double in the short term. 

I already made some nice cake from it.  Letting the rest ride it out till hit doubles.


setravis

Wow...I missed this :'(
Great call on this one Athakinu....
I will be looking to buy on a pull back.

Applaud your work on this outstanding pick. 

                                           "APPLAUD"
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

Stocky2000

i bought yesterday after a 3 day retracement to 1.61....this was turning fast..I entered at 1.72 with a nice gain so far. This closed 2.03! Oil stays hot... ;D

Terliso

Volume still strong...

wrangler

Applaud to you Athakinu
Great pick. Not invested but it sounds as though it has a lot of potentual.
Good luck to those who have bought :)
wrangler

setravis

Back to the upside today.
Looking to close above the 50-dma
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

setravis

Breakout from the Symmetrical Triangle (continuation) Pattern
On good volume.
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

setravis

Maybe this is the real deal.........  ;)
Possible Breakout....I stress Possible... ;D
Symmetrical Triangle (continuation) Pattern.

Technicals
Most Actives
Percentage Gainer

Last Price Quote is:
32.05%above 13-day EMA
127.68%above 50-day EMA
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis