RE:RE:RE:Keep an eye on these guys.. It would be interesting to see all the pieces of land bought and sold in Alberta and BC. I am not sure if such information is available. I have a feeling the sellers are in some kind of financial trouble and the buyers are generally scooping these assets at depressed values. If this is the case, it is very unlikely Crew will be able to sell anything anytime soon.
Nat gas down 9% tonight. Good thing they hedged a bunch above $3. With such a volatile commodity, I hope they hedge close to their entire production if it goes back above $3.
Are we going to see Crew above $1 in 2021?
Oldnagger wrote: Ipco pre covid was buying back its own shares and also acquired granite Oil a small producer of lighter WSC. They have 1 billion barrels of contingent heavy oil reserves that they acquired relatiely cheaply. If they are a buyer ,it would have to be at bargain basement prices as they have been in cash conservation mode since the start of the pandemic.
I would be interested on knowing on what basis , you and Cheadle (the great ) are proposing your statements?