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Nuvista Energy Ltd T.NVA

Alternate Symbol(s):  NUVSF

NuVista Energy Ltd. is an oil and natural gas company, which is engaged in the exploration for, and the development and production of, oil and natural gas reserves in the Western Canadian Sedimentary Basin. Its primary focus is on the scalable and repeatable condensate rich Montney formation in the Alberta Deep Basin (Wapiti Montney). Its core operating areas of Wapiti and Pipestone in the Montney formation are located near the City of Grande Prairie, Alberta, approximately 600 kilometers northwest of Calgary. Its Montney Formation is a shale gas and shale oil resource. The Montney formation in the Wapiti area is a thick (200m+) section of hydrocarbon-charted fine-grained reservoir found at depths ranging from 2,500-3,500m.


TSX:NVA - Post by User

Comment by alvarez2on Nov 03, 2021 5:05pm
93 Views
Post# 34084123

RE:RE:RE:I'm 90% in cash

RE:RE:RE:I'm 90% in cash
Typically the winter months are good for the gold miners. Neither here nor there , some are generating piles of cash with zero debt on the balance sheets, selling for low multiples. I can see some easy doubles developing here even if the wait is a year or 2 out. Love being early rather than late. Can't see much reason for the price of gold to do anything but trend higher as govt's continue to inflate their way out of this economic mess we're in.
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