OTCPK:VREYD - Post by User
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retiredcfon Sep 19, 2017 6:57am
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Russ Dratwa Newsletter (Canaccord)
Russ Dratwa Newsletter (Canaccord)Extract from the latest edition. GLTA
Oil & Gas: Momentum is certainly back in our oil & gas sector vs the downward trend (which is so dangerous to trade in). Last time this happened, the chart shows us it was merely an opportunity to sellout before the next leg down. Is it different this time? Traders/speculators only buy your favorite stories but if it stalls or heads back down, be quick to reduce your exposure. Also remember, if it’s on the Junior Venture, check out the chart for the dark, murky waters you are dealing with for a full decade now so not sure you need to take on that added risk just yet but hopefully one day soon.
Some of the favorite stories we have been acquiring are Vermilion (VET-t), TORC (TOG-t), Raging River (RRX-t) & Spartan (SPE-t).