RE:RE:Market cap equals revenue You are too funny. Tell that to the Analysts who have all raised their targets. On top of this, oil keeps rising and you believe that a retraction in oil is coming during peak demand? That's hilarious!
A pullback may happen, maybe. This time looks different. Stable and clear road ahead. Last year had a lot of uncertainty. This year is different. If we pull back, it'll probably be after Q1 waiting for NY results and it won't be for long. Another 4000 bopd coming.
I wouldn't be surprised that we stay near or above CA$5 for some time for the technicals to align. Though a run at CA$6 is possible.
SP will land anywhere between CA$7 to CA$10 by year end. Let's see