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TORC Oil & Gas Ltd. VREYD

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

Bullboard Posts
Comment by emba33on Jan 17, 2015 6:04pm
178 Views
Post# 23331888

RE:Wow good day !

RE:Wow good day !Hi paulantoine1 ... for all the longs ... we all hope it will not crumble below $7.40 ... but you can bet, this stock will not be spared from plummetting oil prices.  Since we don't know where oil prices are going, you need to be prepared for the possibilities ... and the situation, as you know, has been very volatile.  It could easily take years to restore to it's former valuation ... and could half again (or double) from here.  Fact is ... nobody knows.

We all know, if oil recovers, Torc is a very well run oil company, and they are in a good position to capitalize from improving fundementals.  

I hope your portfolio has some less volatile investments (utilities, REITS, etc) to help you weather the storm.

Emba33
Bullboard Posts