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Gold/Mining/Energy : WCE - Wescan Energy Corp.
WCE.V 0.08000.0%Oct 31 9:30 AM EDT

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From: JRod773/5/2021 11:47:20 AM
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Wescan will be picking up momentum pretty quick here as the company is starting to grow again. WTI hit $66 today and their production costs over the last several quarters range from $29-36 per barrel. So almost doubling at the moment.

WCE oil and gas reserves are nearly half a million barrels as well, mostly light oil. With workovers being done, a $200K placement at 5 cents ready to close and positive cash flow building, stock is looking good. Tight float of only 31.4 million shares and because it's coming off a multi year low, investors realize that most older shareholders in Wescan have higher costs. There's also some drilling locations which could be a game changer for the company.

Well report with production costs from the 51-101: cdn-ceo-ca.s3.amazonaws.com

51-101 Reserve report: cdn-ceo-ca.s3.amazonaws.com
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