Vermilion Energy Inc. T.VET

Alternate Symbol(s): VET

Energy Oil & Gas E&P

Vermilion Energy Inc. is a Canada-based international energy producer. The Company seeks to create value through the acquisition, exploration, development, and optimization of producing assets in North America, Europe, and Australia. Its business model emphasizes free cash flow generation and returning capital to investors when economically warranted, augmented by value-adding acquisitions. The Company’s operations are focused on the exploitation of light oil and liquids-rich natural gas conventional and unconventional resource plays in North America and the exploration and development of conventional natural gas and oil opportunities in Europe and Australia. The Company operates through seven geographical segments: Canada, the United States, France, Netherlands, Germany, Ireland, and Australia. In Canada, the Company is a key player in the highly productive Mannville condensate-rich gas play. It holds a 100% working interest in the Wandoo field, offshore Australia.

TSX:VET - Post by User

Vermilion Energy Inc.

Bullboard Posts

Comment by WheresMeGoldon Mar 12, 2020 1:12pm

53 Views

Post# 30799947

RE:RE:RE:RE:RE:Hysteria has yet to peak

Did anyone keep a lot of cash on the sidelines as I’ve suggested and start buying today also based on what I suggested?

WheresMeGold wrote: Hopefully you took took my previous advice and have plenty of dry powder. I recommend buying into the market systematically over the next 7-10 trading days. JMHO. GLTA.

WheresMeGold wrote: While many thought coronavirus was a bump in the road last week and created a fantastic buying opportunity in the stock market I was saying the hysteria was far from over. Waking up this morning this morning people have to admit I was 100% spot on.

I recognized over over a month ago that coronavirus was going to be absolutely huge. People mocked and ridiculed me. Last week I knew it was far from over. Now we are at the point where I predicted we would be with peak mass hysteria. I said keep powder dry ready for this moment, meaning keep plenty of cash.

So what I am recommending to people who kept plent of cash on the sidelines is to now become buyers of stock. Buy today, buy tomorrow, and buy through next week. I don’t know when the low will be in. I’ll never pretend to know that. But imo we are now at the point or very close to the point of peak hysteria. You want to buy at this point. Buy quality stocks that have been beaten up. Don’t mess with stocks like VET that had poor balance sheets before all this. Feast on quality companies at ridiculously cheap prices. MX is my personal favorite.

JMHO. GLTA.

oilisswell wrote:
So are you saying this is the end, to the carnage, the world as we know it, what? What do you mean by this day oh great seer? Please tell us when this will all end. Everyone on this board knew that the hysteria from Covid-19 would be utter nonsense. However, no one, not even you, predicted the fallout from OPEC+ failing to agree to cut supplies therefore causing traders to push the oil price to collapse. Or are you saying you also foresaw that too? So what are your predictions now? How long will it take for Covid-19 to go the way of the other viruses and for the price of oil to recover? Do you think oil will stay at these levels or lower forever? You do make for interesting reading and provide for some humour during these volatile times, but I am sure you cannot predict the future LOL