WesternZagros Resources Ltd.

WZR-X

0.00
0.00 (0.00%)
This company is not ACTIVE.

Analysis and Opinions about WZR-X

Signal
Opinion
Expert
COMMENT
COMMENT
June 12, 2017

Operates in Kurdistan, on the border of Turkey and Iran, not a very great location. The key is that it is a fabulous oil province. There is a lot of resource, a lot of light and heavy oil. On July 5 there is going to be a shareholder vote to accept a takeover from Kreft (?), the majority shareholder. A lot of money is going to have to be spent in the next year or 2. They were trying to do a deal to bring in additional shareholding to help with expenses. They have 2 massive potential discoveries, but the costs and politics is an issue.

Show full opinionHide full opinion

Operates in Kurdistan, on the border of Turkey and Iran, not a very great location. The key is that it is a fabulous oil province. There is a lot of resource, a lot of light and heavy oil. On July 5 there is going to be a shareholder vote to accept a takeover from Kreft (?), the majority shareholder. A lot of money is going to have to be spent in the next year or 2. They were trying to do a deal to bring in additional shareholding to help with expenses. They have 2 massive potential discoveries, but the costs and politics is an issue.

WAIT
WAIT
January 9, 2017

The stock is very cheap here, but the problem is that they have a net of only 1400 BOEs per day. We need to see a resolution to the ISIS problem and to the natural gas problem so they aren’t flaring the gas. It is only a speculative buy. Management has positioned the company to weather it.

Show full opinionHide full opinion

The stock is very cheap here, but the problem is that they have a net of only 1400 BOEs per day. We need to see a resolution to the ISIS problem and to the natural gas problem so they aren’t flaring the gas. It is only a speculative buy. Management has positioned the company to weather it.

SPECULATIVE BUY
SPECULATIVE BUY
April 22, 2016

Located in Kurdistan. This is probably sitting at its cash value of $0.05-$0.06. Found a lot of oil, but there is a gas cap there, and you have to produce the gas. Not enough revenue coming in to pay the overhead of the government and the salaries of the soldiers. This is a mess. They have a massive reserve, and you are paying nothing for it. As we go along, he thinks the US will want to support Kurdistan, as they are the only ones standing up to take on ISIS. If so, they need revenue and at some point they will bring on these assets again and will grow production over the next few years. For speculative investors, he would say Buy it and Hold it, because the potential is a 10 or 20 bagger.

Show full opinionHide full opinion

Located in Kurdistan. This is probably sitting at its cash value of $0.05-$0.06. Found a lot of oil, but there is a gas cap there, and you have to produce the gas. Not enough revenue coming in to pay the overhead of the government and the salaries of the soldiers. This is a mess. They have a massive reserve, and you are paying nothing for it. As we go along, he thinks the US will want to support Kurdistan, as they are the only ones standing up to take on ISIS. If so, they need revenue and at some point they will bring on these assets again and will grow production over the next few years. For speculative investors, he would say Buy it and Hold it, because the potential is a 10 or 20 bagger.

HOLD
HOLD
September 28, 2015

You are dealing in a place with a lot of geopolitical risk. It is arguably worth more but who is going to step up and buy the asset. Hold it if you don’t need the money because there is not much more downside.

Show full opinionHide full opinion

You are dealing in a place with a lot of geopolitical risk. It is arguably worth more but who is going to step up and buy the asset. Hold it if you don’t need the money because there is not much more downside.

HOLD
HOLD
August 18, 2015

One of the issues for any energy company is how do you grow in a low growth environment and in a low commodity environment. It doesn’t have a lot of catalysts for a takeover right now. When there is some relative strength, he would suggest selling.

Show full opinionHide full opinion

One of the issues for any energy company is how do you grow in a low growth environment and in a low commodity environment. It doesn’t have a lot of catalysts for a takeover right now. When there is some relative strength, he would suggest selling.

COMMENT
COMMENT
July 10, 2015

Overall he thinks the company is doing the right things, but obviously we are in a very difficult situation. Small company and geopolitically not the most desirable block. If you are willing to wait fine, but if you have other ideas with more upside, then he would think about selling and moving on.

Show full opinionHide full opinion

Overall he thinks the company is doing the right things, but obviously we are in a very difficult situation. Small company and geopolitically not the most desirable block. If you are willing to wait fine, but if you have other ideas with more upside, then he would think about selling and moving on.

COMMENT
COMMENT
May 6, 2015

Feels this is up for sale at the right price. The 2015 drill program looks good and the stock should trade flat to slightly up. He thinks oil slowly rises from here, although overvalued at present.

Show full opinionHide full opinion

Feels this is up for sale at the right price. The 2015 drill program looks good and the stock should trade flat to slightly up. He thinks oil slowly rises from here, although overvalued at present.

COMMENT
COMMENT
April 6, 2015

The big thing for them is that they have GasPromnet as a partner in the Garmian Block and Talisman (TLM-T) in the Kurdamir Block. Both are very good companies. Made some very nice discoveries. Balance sheet is in good shape. As at Dec/14 they had $.38 in cash, so there is almost no risk. The basic problem is, when can they bring on the production. They are going to try to do it this year in the Kurdistan state, but there has been no agreement. This is a political situation that is going to be very difficult to resolve.

Show full opinionHide full opinion

The big thing for them is that they have GasPromnet as a partner in the Garmian Block and Talisman (TLM-T) in the Kurdamir Block. Both are very good companies. Made some very nice discoveries. Balance sheet is in good shape. As at Dec/14 they had $.38 in cash, so there is almost no risk. The basic problem is, when can they bring on the production. They are going to try to do it this year in the Kurdistan state, but there has been no agreement. This is a political situation that is going to be very difficult to resolve.

HOLD
HOLD
March 23, 2015

At some point they will be sold but does not know to who. He thinks they will get taken out.

Show full opinionHide full opinion

At some point they will be sold but does not know to who. He thinks they will get taken out.

DON'T BUY
DON'T BUY
March 6, 2015

Has looked at this over the years, but one of the issues has always been the political risk. That is the #1 uncertainty in the stock. This is an area with a lot of volatility, so it will be very hard to access the reserves anytime soon.

Show full opinionHide full opinion

Has looked at this over the years, but one of the issues has always been the political risk. That is the #1 uncertainty in the stock. This is an area with a lot of volatility, so it will be very hard to access the reserves anytime soon.

HOLD
HOLD
February 11, 2015

The history of this company has been quite interesting. They’ve opened up a data room and look like they are for sale, but nothing has quite happened yet. An ideal tuck-in for a large multinational company. Fundamentally there is nothing wrong with the company.

Show full opinionHide full opinion

The history of this company has been quite interesting. They’ve opened up a data room and look like they are for sale, but nothing has quite happened yet. An ideal tuck-in for a large multinational company. Fundamentally there is nothing wrong with the company.

HOLD
HOLD
November 25, 2014

Still has a positive view on this company, but realistically at this point, given all that is happening and its location, it is going to be a slow grind higher. Have stabilized some of the cash and immediate needs, but he doesn’t see this as a home run but at the same time, he doesn’t think you have to sell it as the worst is over.

Show full opinionHide full opinion

Still has a positive view on this company, but realistically at this point, given all that is happening and its location, it is going to be a slow grind higher. Have stabilized some of the cash and immediate needs, but he doesn’t see this as a home run but at the same time, he doesn’t think you have to sell it as the worst is over.

HOLD
HOLD
October 23, 2014

They are right in the middle of the sweet spot of civil conflict (geopolitical risk). It is completely up in the air. If you have it and sit on it, it should work itself out.

Show full opinionHide full opinion

They are right in the middle of the sweet spot of civil conflict (geopolitical risk). It is completely up in the air. If you have it and sit on it, it should work itself out.

DON'T BUY
DON'T BUY
September 19, 2014

(Market Call Minute.) Too much geopolitical risks and too small.

Show full opinionHide full opinion

(Market Call Minute.) Too much geopolitical risks and too small.

HOLD
HOLD
August 18, 2014

They started a strategic review in March. They rejected a recent bid. They are clearly looking for an exit, so he would hold until that happens.

Show full opinionHide full opinion

They started a strategic review in March. They rejected a recent bid. They are clearly looking for an exit, so he would hold until that happens.

Showing 1 to 15 of 73 entries

WesternZagros Resources Ltd.(WZR-X) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for WesternZagros Resources Ltd. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

WesternZagros Resources Ltd.(WZR-X) Frequently Asked Questions

What is WesternZagros Resources Ltd. stock symbol?

WesternZagros Resources Ltd. is a OTC stock, trading under the symbol WZR-X on the (). It is usually referred to as or WZR-X

Is WesternZagros Resources Ltd. a buy or a sell?

In the last year, there was no coverage of WesternZagros Resources Ltd. published on Stockchase.

Is WesternZagros Resources Ltd. a good investment or a top pick?

WesternZagros Resources Ltd. was recommended as a Top Pick by Josef Schachter on 2017-06-12. Read the latest stock experts ratings for WesternZagros Resources Ltd..

Why is WesternZagros Resources Ltd. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is WesternZagros Resources Ltd. worth watching?

0 stock analyst on Stockchase covered WesternZagros Resources Ltd. In the last year. It is a trending stock that is worth watching.

What is WesternZagros Resources Ltd. stock price?

On , WesternZagros Resources Ltd. (WZR-X) stock closed at a price of $.