VII Gens Lagging the Market The majority of VII Gens CF comes from it liquids production, in reviewing the recent increases in WTI oil and more importantly condensate, I think the market has forgotten about VII Generations.
Date WTI Share Price
Feb 01 53.55 6.52
Feb 10 58.69 8.48
Mar 15 65.38 8.74
So the offer from ARC sent the share price up 50 cents, it does not look like the market has shown a lot of enthusium for this deal even with the oil price up 7 dollars U.S.
VII generations should be a 20 dollar stock, Eric can't believe it either. It looks to me that the market either does not believe this is going to happen, or cant figure or the capital markets are simply not working efficiently to Quote Eric.
https://www.bnnbloomberg.ca/video/eric-nuttall-s-top-picks~2136260 IMHO