TORC Oil & Gas Ltd. 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 Roverthingon Jan 11, 2016 9:20pm

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Post# 24448420

RE:RE:say hello to div cut

I sold this stock last year at around $7. I would like to buy it back at around $3 if it drops there. When a company cut the dividends, mostly the stock drops sharply and the price of crude oil which might drop to $20/barrel according to some analysts. And the Iran's oil is coming soon also. So, I think that I have a good chance to be able to buy this stock at $3 this year. IMO

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