Westfort Energy Ltd. (WT-T) Message Board

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Gold/Mining/Energy : Westfort Energy Ltd. (WT-T)

WT 11.80

+1.8%

2:18 PM EST

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To: bill who wrote (753)	7/15/1998 10:18:00 AM
From: M. Merriam	Read Replies (1) of 1288

Bill, when comparing one company's shares to another's, I think it's more useful to consider shares outstanding and total market capitalization rather than just share price. WT has a large market cap. based on the hopes of some for 10 or more wells at 1000 bb/d. That's hopes (or hype, depending on your mindset) of eventually at least 10,000 bb/d. So you can understand why no one is getting too excited about a 300 bb/d well. Just a blip. At least, that's my read, for what it's worth. Comments? Mike

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