RE:RE:Good thing CR hedged gasWell look at the cards that were tightly held to Seppelt's chest and fell to the floor to all to see!
It's clear now that Seppelt is in the Joseph Schockter camp and sold all his O&G stocks off thinking there would be a retreat, but instead, they roared.. now he's el desperado in wishing/hoping/praying for a retreat so he can buy in again for the run up...
Seppelt, just do yourself a favour, buy in & join the party.
Seppelt wrote: Even a better thing if the 6 wells in the UCR area planned for completion in Q1 will coincide with higher oil prices. Would be nice if it happens and CR may even find a buyer for its heavy oil and non producing assets. Until then, lots of volatility in oil and gas.
Surprised the recent rally in oil and shares of major producers is still holding. I thought it was premature but the market seems to be ignoring the current Covid wave betting on vaccines and demand recovery. Good to have some cash and buy if there is a retreat.