OTCPK:TBTEF - Post by User
Comment by
tvstock2on Feb 10, 2015 6:00pm
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RE:RE:LRE cut everthing
RE:RE:LRE cut everthingMaybe YES for the unhedged juniors. Most unhedged guys are hit severely(and of course those with high debts are in survival mode).
The well hedged guys are OK before the hedges run off. That means most can survive at least for 2015.
Look back to the oil crisis in 08-09, most hedged guys come through.
The most aggressive hedge I ever seen is NYSE:MEMP, they are hedged to 2019. But most bank covenants in Canada put a limit to hedge....which I don't understand.