OTCPK:VREYD - Post by User
Comment by
CravenRaven101on Dec 10, 2013 12:08pm
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Post# 21990221
RE:RE:RE:RE:RE:Another Recommendation
RE:RE:RE:RE:RE:Another Recommendation
I would temper my expectations regarding any dramtic uptick in stock pricing for TOG... the rule of the day is steady as she goes...LONG gone are the days of a Junior (or intermediate) proving up some reseves and creating an inventory for a potential purchaser to drill up... The atmosphere in the patch is one of wait and see... wait on an uptick in gas... wait on XL... wait on LNG facilities... all of that is a minimum of 5 years out... except maybe the XL pipeline...anyway... This managment group has read the tea leaves... and unless an accretive purchase lands in their lap I would think a high water mark for TOG will be around 12 bucks for the next year or two... of course with a DRiP TOG is paying shareholders to wait... not a bad place to be...or to park some capital
GLTA.. and to all a merry X-Mas...