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Advantage Energy Ltd T.AAV

Alternate Symbol(s):  AAVVF

Advantage Energy Ltd. is a Canada-based energy producer. The Company is focused on development and delineation of its world class Montney natural gas and liquids resource at Glacier, Wembley/Pipestone, Valhalla and Progress, Alberta. The Company’s Montney assets are located from approximately 4-80 kilometers (km) northwest of the city of Grande Prairie, Alberta. Its land holdings consist of 228 net sections (145,920 net acres) of liquids-rich Montney lands at Glacier, Valhalla, Progress and Pipestone/Wembley.


TSX:AAV - Post by User

Post by energeeon Jan 15, 2021 9:02pm
232 Views
Post# 32312201

Commitment

Commitment
So it appears that mgmt insiders recently acquired shares through their AAV share purchase plan/option plan equivalent. That happens automatically and likely not worth any more chatter.

One could think the mgmt team would step up more if they believed they are undervalued.  I hope they read this and do so.

I just bought more this week because I believe AAV is severely undervalued and are sitting on one of the best low-risk development gas properties in the WCSB.  Liquids are a bit light, but they can exploit their higher liquids lands at Progress when they want.

They could possibly do corporates with BIR or CR one day (bothof these have too much debt with BIR mgmt heavy and CR in the BC higher cost and regulatory environment) but why consider deals until the market values AAV correctly, which IMHO is about 60% higher than where they currently trade. Cold weather and analysts that get it - bring them on.  
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