OTCPK:VREYD - Post by User
Post by
Marlbankon May 14, 2013 9:03am
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Post# 21406142
A Keeper
A Keeper Looks to me that the yr-end exit rate prediction of 4900 is reasonably conservative. TOG should end 2013 with upwards of 5000 boep/d production, net debt of 20m or so, over 100m undrawn on its credit facility, nearly 300 cardium locations and a further delineated play at Monarch. Man, if they can unlock Monarch, this one will have serious torque. My guess is if results stay decent, this one takes off after tax-loss selling in October/early November.