TORC Oil & Gas Ltd. T.TOG

Primary Symbol: VREYD

Energy Oil & Gas E&P

TORC Oil & Gas Ltd engages in the exploration, development, and production of oil and natural gas reserves in the southeast Saskatchewan area. Crude oil constitutes an overwhelming majority of the production mix the company gathers from its assets. TORC gains access to its assets through government issued royalties and uses various techniques to identify hydrocarbon reservoirs. The company focuses heavily on light oil resource plays and relies on a three-phased strategy of resource capture, delineation, and production growth.

OTCPK:VREYD - Post by User

TORC Oil & Gas Ltd.

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Comment by borne2runon May 02, 2014 10:28am

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Post# 22517125

RE:RE:Burrows on BNN likes Torc

Burrows is not a conservative investor. He is a momentum trader (price chaser). He buys stocks after they have already had big runups. It's a tricky game - sometimes momo stocks will continue up for another year or more; other times they stall out or drop back down very soon after the momo buyers have entered.

Conservative investors were following Canada Pension and buying in last summer.
Conservative investors have already pocketed a few percent in dividends and have paper gains over 80%.

By the way, it is not just TORC; momentum players started buying a handful of energy names early this year. Since the energy sector has lagged the other sectors so much the last couple of years, I expect energy stocks to outperform the market this year and probably next year as well.

TORC is still a great holding - but not because Burrows likes it.

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