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Bullboard - Stock Discussion Forum Gran Tierra Energy Ord Shs GTE


Primary Symbol: T.GTE

Gran Tierra Energy Inc. is an independent international energy company. The Company is focused on international oil and natural gas exploration and production with assets in Colombia and Ecuador. The Company has interests in approximately 22 blocks in Colombia, three blocks in Ecuador, and is the operator of 24 of these blocks. Its assets in Colombia represent approximately 99% of its... see more

TSX:GTE - Post Discussion

Gran Tierra Energy Ord Shs > NCIB almost complete ....
View:
Post by rodster55 on Mar 29, 2023 8:26pm

NCIB almost complete ....

House Positions for C:GTE from 20230303 to 20230329
House Bought $Val Ave Sold $Val Ave Net $Net
8 Eight 12,766,011 13,999,146 1.097 3,631,323 3,992,955 1.10 9,134,688 -10,006,191
33 Canaccord 1,179,697 1,377,930 1.168 989,904 1,174,931 1.187 189,793 -202,999
9 BMO Nesbitt 658,448 730,578 1.11 476,411 530,774 1.114 182,037 -199,804

What is with that 3 million plus cross by Eight ? Financials state that only 13 million is available for repurchase so we must be getting close.  What after NCIB ? SIB then a buyout by Parex !

GLTA Longs !
Comment by mercedesman on Mar 30, 2023 12:06pm
3.5 M share buyback recorded on insider 3/29 Much more aggressive than the recent past. Shows huge confidence by someone. Hope you're right. A cashflow juggernaut if oil goes back to $ 80 ($90?, $ 100?)
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