Post by
kingshane on Dec 11, 2020 9:09am
Hold and don't sell
This one will rip when it starts to get going. Perhaps Eric will get it going today on BNN
Comment by
kingshane on Dec 11, 2020 12:26pm
Don't let Eric scare you off with the Nat gas talk. Condensate play going to get this thing taken out. $1.50 my buyout call.
Comment by
Tangible on Dec 11, 2020 1:06pm
Eric appears to be dumping NVA and pumping TVE, but they both look the same to me (Condensate weighting, market cap, growth, etc), but NVA is still down 56% from the Feb high, and TVE is only down 32%. Looks to me that NVA is the better bet.
Comment by
RiskyAGoGo on Dec 11, 2020 2:06pm
Actually. The opposite I believe. He is prolly buying more at this level as he deploys cash. Doesn't want to pay more as it seems to price pop when he appears on BNN Just my humble opinion. GLTA
Comment by
fleeee on Dec 11, 2020 7:36pm
Taken from September 30 news release, and after seeing the Q3 results and debt pay down i see no reason not to believe it: "This approach is expected to result in greater than $100 million of available liquidity by the end of 2020."
Comment by
fleeee on Dec 11, 2020 8:23pm
I agree, we wait and see if they pay down at least $25m to $30m in Q4 as they stated on Nov 10. On a good note, they said they would pay down $55m to $60m in H2, and managed to pay down $34m in Q3!
Comment by
fleeee on Dec 11, 2020 9:19pm
I think RiskyAGoGo is on to something here. He wouldn't be buying TVE as it skyrockets, he would be selling. I have never heard him so subdued about NVA than today on BNN, he was salivating in the back of his mind to buy a lot more. My bet he sold a bunch of TVE, WCP and TOG for nice gains and picked up more NVA on the cheap. BNN in January, he will be pumped on NVA, LOL.
Comment by
Tangible on Dec 12, 2020 1:54am
Good points, and if he is looking to rebalance to meet concentration limits or reduce concentration risks, then Torc+Whitecap, Meg, and Tamarack all will be too heavily weighted, and NVA is the laggard that will get the most added capital.