Post by
mrmomo on Mar 28, 2022 10:48am
Reply to Loonietunes
"I've been thinking about another miner with a decent position in Canada aready cash flowing-call me Loonie?"
That's a good idea, if you want to stay invested in this sector whiel mitigating both political & country risk. Been investing in this space for a very long time, back to the early 90's. So i've seen them all and how the sector evolved to this point. I would personally avoid the heavily leveraged oil producers as the nasty stigma around fossil fuels in the West will continue to be an issue & will probably get worse. The natural gas ep's should do ok for a little longer. Unfortunately, there's not many left in Canda that are heravily weighted to NGs with decent BS. You can probably count them on one or two hands. Guys like Advantage, Peyto, Nuvista, Birchcliff & Crew are few that come to mind. But many of those have risen quite a bit and you should be carefull to where you invest as many are still quite heavily indebted. Best of luck to you though.
GLTA
Comment by
TouchDown12 on Mar 28, 2022 6:09pm
Folks - been a pleasure. Loonie - thanks for all the posts - i am out at 1.94. Done with Exploreco's. I'll leave the next gen to deal with that. Good Night. TD12