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Seven Generations Energy Ltd. class A common shares T.VII

"Seven Generations Energy Ltd is an independent energy company focused on the acquisition, development, and optimization of high-quality, tight rock, natural gas resource plays. The company employs long-reach and horizontal drilling to produce resources of natural gas, condensate, and natural gas liquids. In addition to drilling operations, Seven Generations owns several gathering lines and processing facilities. The company depends on a skilled technical and business team to identify, capture,


TSX:VII - Post by User

Comment by TUMONE1on Nov 09, 2018 11:10am
30 Views
Post# 28950417

RE:RE:Nat Gas

RE:RE:Nat Gas

Fair enough. As I stated in earlier posts we should see gas move higher.
As far as WTI goes I think most our looking at the short-term picture as when some said we are in a full bear market in oil (BNN) - not so.
We need to break 52 for that to happen.  Since we have fallen fast and hard - were looking at bottoming out here in the 55/57 range.
For Algos to really kick in we need to see oil at the end of the month back over 64.50 to see upward momentum otherwise we will most likely see continued decline into the end of the year.  We will see what happens over the next few weeks - definitely be prepared for lots of volatility.
GLTA


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