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TORC Oil & Gas Ltd. T.TOG


Primary Symbol: VREYD

TORC Oil & Gas Ltd engages in the exploration, development, and production of oil and natural gas reserves in the southeast Saskatchewan area. Crude oil constitutes an overwhelming majority of the production mix the company gathers from its assets. TORC gains access to its assets through government issued royalties and uses various techniques to identify hydrocarbon reservoirs. The company focuses heavily on light oil resource plays and relies on a three-phased strategy of resource capture, delineation, and production growth.


OTCPK:VREYD - Post by User

Bullboard Posts
Comment by patenright111on Apr 02, 2016 5:45pm
77 Views
Post# 24724216

RE:RE:RE:RE:EV/CASHFLOW ANALYSIS

RE:RE:RE:RE:EV/CASHFLOW ANALYSISlong term ? about what - oil sector - I am long term and will hold CJ for a double in 2 years, but I also trade around my core. I actually like biotech, it has been slaughtered and undeservedly. usa politics is all theatrics and they cant even drop prices , I like Concordia in Canada at $33 ( fair value is 2x higher) and I like IBB in usa ( bio etf) - it was down an incredible 40% from peak vs just down a few % for sp500 and is now basing and bottoming I believe in 240-270 area. just broke over 50 dy at 261 and meeting some 270 resistance at top of channel but if can get through that it can get to 290-300. but at this stage, just a counter trend rally in a bear market - needs to break over 300 stay over that to say for sure bear market in bio is over. that said, if one is long term investor ( 3-5 years) one cant go wrong buying some biotech here even if still in a bear for a while longer
Bullboard Posts