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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 tsoprano24on Dec 14, 2023 9:14am
202 Views
Post# 35784097

RE:Some Perspective

RE:Some Perspective"Analysts say there are a number of factors at play here, namely geopolitical instability, fears of a global recession and hesitation around whether there will be follow through on oil output cuts agreed to by Saudi Arabia, Russia and other members of OPEC+ in late November."

Therein lies the problem with these analysts and talking heads explaining to us why oil is up/down. Instability? Hasn't that been going on for years? But, makes a good excuse for lower oil. Or higher oil, if needed, don't you think? Global recession? The one they have been talking about for two years while oil has been in constant demand? Follow thru on cuts? Supposedly have been for past year, why would they stop now or tomorrow or ???. Point I'm making is it's all bullshittt. Buy and hold based on what we see is happening because no one knows what the thieves will use as an excuse tomorrow. 

T
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