GREY:CEQXF - Post by User
Post by
tadigon Jan 29, 2019 5:33pm
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Post# 29293230
wouldnt be surprised we get back to pre-consol price
wouldnt be surprised we get back to pre-consol priceWOW. 52wk low. fantastic.
I wonder when this brutal NG market will ever turn. Bombardier got a bailout, oil industry got a quota, everyone seems to be supported except for clean burning NG. Why would anyone commit capital to a sector that is taxed to SH*T and oversupplied to the max. I'll just forget I even have money invested, but damn. This is just shocking to see how a company producing close to 10,000 boe/d with a midstream facility is valued at $12M CAD meanwhile a cannabis company barely growing anything for a much more useless product is valued at $200M CAD. This is the world we live in folks, completely a$$ backward with perverted incentives.