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Tamarack Valley Energy Ltd T.TVE

Alternate Symbol(s):  TNEYF

Tamarack Valley Energy Ltd. is a Canada-based oil and gas exploration and production company. The Company's asset portfolio is comprised of oil plays in Alberta, including Charlie Lake, Clearwater and several enhanced oil recovery (EOR) opportunities. The Company has an inventory of low-risk, oil development drilling locations. Its Clearwater oil play is located in north-central Alberta. Its Charlie Lake oil play is located in northwestern Alberta. Its EOR portfolio includes a set of assets across Alberta representing a range of formations and production types. The Company’s subsidiary is Tamarack Ridge Resources Inc.


TSX:TVE - Post by User

Comment by Oldgreyguyon Mar 28, 2021 8:18pm
258 Views
Post# 32896021

RE:RE:Timing in oil sector can make or break you.

RE:RE:Timing in oil sector can make or break you. You can be long and stay and hold in many sectors but commodity sectors are better played as a trading vehicle.  I am not talking short term but a good bull run in oils can take 5 years or so and 5 to 10 baggers in small O&G can occur.  Unfortunately these runs end and the results can get ugly.  Look at TVE, it rose beautifully to about $7.50 in the summer of 2014 and then eventually hit 40 cents last year.  I truly believe we are in the early innings of a bull run in oils and expect to see some huge gains in the next year or so but don't be afraid to take some off the top if there is a very quick run.  I think TVE has played this game smart, picking up several years of drilling opportunities at a time before valuations and land prices begin to soar.  This could be a couple of fun years.
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