GREY:ZARFF - Post by User
Post by
hawkowl1on Mar 21, 2018 9:01am
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Post# 27751947
WCS $50.72 as of close on 20th of March
WCS $50.72 as of close on 20th of March Now if WCS can stay at $50 or above for 9 months and opportunity to lock in a price
above $50 into 2019 Zargon should trade above $1. Or at least in normal times .
These are not normal times for Canadian oil and gas producers especially micro caps like Zargon. Too many negatives against Canadian oil.
Trudeau prefers to import oil from Saudi Arabia and land lock Canadian oil.
It amazes me Alberta elected 4 Lieberals in Ottawa.
The only solution that is within control of smaller producers is to realize bigger is better and swallow your pride and start merging with other entities. This has been suggested strategy
for past decade by respected oil analyst and it still is not happening.