RE:RE:RE:Which will double first? SGY from $2.15 or BTE from $3.58?I would not rush into Torc,remember it was Torc who bought the southeast Sask. core proprty from Surge in 2015 and that property isn't worth right now what Surge sold it for when oil prices were in the 60's. Paul said at the time it was their least profitable property. Surge bought it from Long Run the previous year and they were having trouble making it work at $90 oil.
Also Canada Pension Board owns a lot of Torc shares and they get their divy in shares on a drip which helps Torc's cash position but dilutes the share base. If oil prices don't recover much in 2018 the pension board could easily decide to cap their losses and sell out and that would be a pile of expletive for Torc holders.
Earlier posters were asking about Cardinal Energy if it was a good buy now and I said stay away because I thought their land base was week and sure enough they did a huge share offering to aquire new property later and look at it now.
Another one like that was Northern blizzard with some big shareholders getting their diviy in shares until the big guys wanted out and the share price fell, now the company is called Cona, like in conehead.