Wednesday, July 26, 2006

CWPC: The Little Company that Could

We all love a success story. We love to see the underdog succeed, the good guy win, and the small company that does well. This desire to see the small company that does well has kept my eye on CanWest Petroleum Corporation (OTCBB Penny Stocks: CWPC). This company is emerging as a force to be reckoned with. They have a hand in everyone’s pot, it seems. CanWest Petroleum has the right to own nearly72% in Oilsands Quest, a private company operating out of Alberta. The company owns 100% in the Eagle Nest Project, and 98% of the Pasquia Hills Oil Shale. Can we say “diversified”?

There is no such thing as a sure thing. Petroleum is about as close as anything gets to being a sure thing, though. Unless the cars of tomorrow are all suddenly banished from the road, and we all go back to wood burning stoves; unless motorboats and RV’s are outlawed; unless our ways of life are suddenly brought to a devastating halt, our need for petroleum is going to continue to remain, continue to grow. So why isn’t everyone investing in oil? As stated earlier, there is no such thing as a sure thing; this makes environmentalists cringe, as well as would-be investors. Oil is a huge part of our economy. It is a huge part of our society, and we are all dependent on companies like CWPC for our way of life.

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