OTCPK:VREYD - Post by User
Post by
MustangMatton May 09, 2019 11:28am
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Post# 29729111
QTR. was excellent
QTR. was excellent Qtr. beat my expectations.
with regard to hedging: To some degree we are invested in an oil company, some of us want exposure to high prices.
with regard to Canada pension ownership: Perhaps the share price will rise a few dollars, slowing the dillution.
Fact : Torq is a cash flow machine with oil over $60, the EXTRA cash flow with oil over $65 the rest of the year, and the company could pay off $100 million in debt and and grow production 5%.
Cheers Matthew