Oronova Energy Inc V.ONV.H

Energy Oil & Gas E&P

Oronova Energy Inc. is a Canada-based company. The Company is focused on acquiring oil and natural gas assets. The Company is engaged in the acquisition and exploration of oil and gas projects, an inherently risky business, and there is no assurance that economically recoverable resources will ever be discovered and subsequently put into production.

TSXV:ONV.H - Post by User

Oronova Energy Inc > Seems everyone is loaded up now

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Comment by Lunchisforwimpson Dec 13, 2018 3:15pm

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RE:RE:RE:RE:RE:RE:RE:Seems everyone is loaded up now

All the best Mike, I am loaded up on this one at their entry point (sans some unknown el cheapo shares they may have bought earlier from the previous iterations). The very pointed 25000 share stacked orders have vanished for now and there was no cross. Whatever investor issue was resolved or some other positioning is off (who knows). It sure cleans up fast enough. The O and G market is looking a bit better but volatility is going to continue for now. January forward looks good with OPEC cuts, AB cuts, IEA demand forecast, Crude draws will begin again, AB NDP will be punted for my lifetime, pipeline volumes improving, train cars being added etc. Hopefully these fellows find a value niche good enough to spin. Cdn Investors are pretty jaded but that can change and then analysts will re-rate LOL. We may have a shot here. I will stay out of their way for now. If they get the PP money it should be game on. These guys are not dumb dumbs.

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