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Bullboard - Stock Discussion Forum Tourmaline Oil Corp (Alberta) TRMLF


Primary Symbol: T.TOU

Tourmaline Oil Corp. is a Canada-based crude oil and natural gas exploration and production company. The Company is focused on long-term growth through an aggressive exploration, development, production and acquisition program in the Western Canadian Sedimentary Basin. It operates in three basins, which include the Alberta Deep Basin, NEBC Montney Gas/Condensate and Peace River Triassic Oil... see more

TSX:TOU - Post Discussion

Tourmaline Oil Corp (Alberta) > TOU makes me feel comfortable then there is Crypto...
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Post by AHybridofStreetandStocksmarts on May 21, 2024 10:08am

TOU makes me feel comfortable then there is Crypto...

Thanks CM for your Crypto tips, I am rich now ;)
Comment by CriticalMind55 on May 27, 2024 1:12pm
I hope you are well loaded on ETHY.B, this will buy you many TOU shares in the near future IMO.
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Comment by AHybridofStreetandStocksmarts on May 27, 2024 3:50pm
Bought more ETHY.B today, the covered call dividend now will pay all my bills!
Comment by Cobalt on May 28, 2024 10:11am
Giving up way too much in returns for the yield, 1 year ETHH 97% ETHY 57%
Comment by CriticalMind55 on May 28, 2024 10:21am
No worries, I have all three of them, I have ETHY.B and TOU in my TFSA and RRSP accounts for the long haul, some are meant to be traded with and others invested in as you know.
Comment by Cobalt on May 28, 2024 10:40am
Covered calls are advantageous if you anticipate the market has peaked, but they are not ideal for rapidly growing stocks as they tend to be exercised, requiring you to repurchase them.
Comment by CriticalMind55 on May 30, 2024 2:14pm
What you are saying is true, but missing the fact that you are getting new shares added at no cost on a monthly basis if you are in the DRIP program and have ETHY.B shares in your TFSA and or RRSP accounts, also commission free.  You are DCA-ing, in the long run, you will see the benefit through ups and downs, I am doing better in ETHY.B than ETHH because of having lower ACB from ...more  
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Comment by AHybridofStreetandStocksmarts on May 30, 2024 2:20pm
I am with you CM, you have helped me make a lot of money, sorry for the beer that I sent you, I did not know that you don't drink :(
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