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Bullboard - Stock Discussion Forum Crew Energy Inc T.CR

Alternate Symbol(s):  CWEGF

Crew Energy Inc. is a Canada-based natural gas company. The Company’s operations are focused primarily in the Montney in Northeast British Columbia (NEBC). It has primarily been focused on continued Montney development of its liquid’s rich natural gas area at Septimus / West Septimus (Greater Septimus), and its light oil weighted asset at Tower, British Columbia. Its Montney area assets include... see more

TSX:CR - Post Discussion

Crew Energy Inc > This is still a NG company isn't it ???
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Post by Potadvisor1 on Feb 13, 2024 10:03am

This is still a NG company isn't it ???

NG down again, now at 1.66. Do you people not think that when CR reports their 1st quarter earnings in April or May, that there is NO WAY they could be positive. What do you think that will do to the share price. Last time NG was this low was when CR was .20 cents. Now of course I am not saying it will go there, but it could easily have a huge price drop and I personally would not be surprised to see it at 2 dollars by than. Just saying what makes sense to me when I look at that plunging NG price.
Comment by gonatgasgo on Feb 13, 2024 10:10am
You really believe Q1 AFF will be below zero?  Did you forget about oil and condensate?  Oil and condensate will generate more than $40M of AFF in Q1.
Comment by Potadvisor1 on Feb 13, 2024 10:19am
Suit yourself gonatgasgo, but being a chearleader will not help you when they report in the second quarter. I am looking at the share price and if nothing else, you must be able to see what everyone does and it is the declining price of not only NG but CR, which has fallen through some support levels. Hey, it's your money, but your handle here says it all, you are a NG bull no matter what the ...more  
Comment by gonatgasgo on Feb 13, 2024 10:38am
It is hard knowing you sold at $2, isn't?  Sorry, you missed a big opportunity.
Comment by robert41 on Feb 13, 2024 10:39am
I agree pot advisor  gas sucks and there could be further down side for sure like any gas stock, but Any thoughts on why Rafi bought 16 million shares recently? He must see something! He must know someone wants crew, betting on the land position what are your thoughts. Easy to be negative I get it but what about what i mentioned. The low debt low float should and increase in liquids should ...more  
Comment by Potadvisor1 on Feb 13, 2024 10:56am
Thos are all positive points robert41, but what I am reffering to is that most, consider CR to be a NG company, hence the outright crash in the NG price effects how they feel which is a reflection on the sentiment on the whole sector and CR is not the exception. If the above wasn't true, than CR would NOT have fallen from being over $6.50 about 6 months ago to where it is today. I like Cr ...more  
Comment by robert41 on Feb 13, 2024 11:03am
I missed Ivn great investment... again I get what you are saying. What are your thoughts on why Rafi bought 16 million shares? He's no dummy!
Comment by Potadvisor1 on Feb 13, 2024 11:24am
I have no idea why people do what they do, since Rafi's reasoning for buying is his own. Look at it this way, it looks good that he did, but remeber that EVERY STOCK always has people buying and selling at different times for different reasons. Some buy shares in a company at a low price only to sell it higher and some buy at a high price and when it drops, they hold it with the hope that it ...more  
Comment by Potadvisor1 on Feb 13, 2024 11:31am
lol, I wanted to finish but hit the post too early. I wanted to say that If that wasn't the case, than I would not have been able to buy stocks like TLG at or near the all time lows in the low .30 cents range from.32 to .38. If people knew how to value it, they would NOT have sold me any shares at those incredibly low prices. The same can be said about CR when I was buying in the low .20 cent ...more  
Comment by robert41 on Feb 13, 2024 11:46am
Yup I get all that you and I were here buying at the Same time.. back to my question of Rafi yah none of us know why people buy and sell that's obvious but when a buyer buys basically 10 percent of the float it's noticeable for some of us. If he had bought a couple million shares then no big deal. He's placed a large bet on a buyout, I think looks like he's a little early but ...more  
Comment by PabloLafortune on Feb 20, 2024 5:38pm
Chesapeake CHK just announced some major cuts. Left a mark on HH immediately. To me, Rafi? is buying at the bottom, HH is so low, almost half of long term all in costs for most dry gas producers. Traders were playing on the fact that only thing that can rectify imbalance short term is supply cuts (weather is hope and hope is not a strategy) and they probably knew from previous behaviour that ...more  
Comment by PonyBoyOutsider on Feb 13, 2024 11:16am
I feel like the finish line for crew is Phase II announcement of LNG Canada. A guy needs to hold his shares till then if at all possible, (weather the storm). Frustrating as it be, the NA gas market is, in my opinion it's being manipulated (and by that I mean lower than it should be for seasonably higher than normal temperatures - destruction driven sentiment) to build the case for Europe  ...more  
Comment by CashFlowADay on Feb 13, 2024 1:37pm
A+ post
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