Nuvista Energy Ltd T.NVA

Somewhat Perplexed

[Sugaree]

I am not concerned at all with share price and know in time it will go significantly up, but i find it perplexing that all these O&G stocks are where they are with WTI at $63, and vaccines rolling out everywhere. Sure, still lockdowns and cases up in areas, but earth is weel on its' way to ending this nightmare.

When will Canadian O&G get the respect it deserves piling in so much cashflow??!!

[Indicator]

My 2 cents: - The push to green is on ...  carbon tax is the new normal ! https://boereport.com/2021/04/15/oil-to-hit-40-by-2030-if-climate-goals-are-met/ - OIl has had a very good bounce off the bottom - profit taking. - Feb to May seasonal strength may be ending earlier this year. - Variants inhibiting confidence about demand and follow through economic bounce. - Sell in May and go

[Oldnagger]

The push towards green is surely on. In politicians minds ! The reality is though that it is more of a nudge and all the important details are sadly lacking. Much of the technology has not yet been proven to be cost effective . Reliability is a major issue that will require huge investments. Wait till all the bills roll in, voters in Ontario have already answered that issue. Meanwhile, replacing

[alvarez2]

Getting closer to a good entry price.

[Sugaree]

Lol, I bought a bunch more yesterday figuring we finally bottomed, and then stock down again today. Could have saved a few cents, but will be meaningless in the end.

[alvarez2]

There was an article out the other day. Goldman's quoted in the article saying copper is the new oil and it beinging plausible that there is a sector rotation going on.......from oil stocks to copper miners. Goldman is estimating copper at $15,000/ T by 2025. It is presently at $9,000.

[Sugaree]

Goldman is bullish on both copper and oil. Oil is wrapping up consolidation. The move up 5% the other day confirms oil will continue upward towards $70 in H2. https://oilprice.com/Energy/Energy-General/Goldman-Sachs-Sees-Large-Oil-Demand-Rebound-This-Summer.html

[Sugaree]

Have we hit your buy in price yet? If not, must be close

[alvarez2]

I'm holding out to get back in below $2. May get it, or may not but often summer is the weak season, we'll see.