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Traverse Energy Ltd TVETF

Traverse Energy Ltd is a Canada-based company. The Company is engaged in oil and gas exploration, development and production activities. It conducts its operations in the province of Alberta. The Company’s assets are located in the Carbon, Turin and Greater Coyote areas of Alberta as well as in the Duvernay land base located in the Buffalo Lake, Chigwell and Pigeon Lake areas of Alberta. The Greater Coyote area includes properties in the Chain Lakes, Coyote, Hanna, Michichi, and Watts areas of Alberta.


GREY:TVETF - Post by User

Comment by oilinvestor52on May 07, 2019 9:15am
120 Views
Post# 29718718

RE:RE:comparables

RE:RE:comparablesthe entire mini cap oil space has been desimated and will be a very long time, if ever to return.( I think WD3940 is right by his self proclaimed smart penny-anti trading strategy.)

All the speculative money retail and institutional is investing in cannibis, crypto, AI, blockchain, esports, fintech. Being in the oil business now is viewed upon as dirty, evil, distructive, sucking from mother earth etc etc. Perhaps not justified but that is the mindset.

Its an entirely new spec investment landscape. Hence many funds completely exiting oil stocks. Interesting to note that Norways investment fund (largest in the world)  announced record earnings in the midst of their exit from oil stocks.


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