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Advantage Energy Ltd T.AAV

Alternate Symbol(s):  AAVVF | T.AAV.DB

Advantage Energy Ltd. is a Canada-based energy producer. The Company is focused on development and delineation of its world class Montney natural gas and liquids resource at Glacier, Wembley/Pipestone, Valhalla and Progress, Alberta. Its Montney assets are located from approximately four to 80 kilometers (km)northwest of the city of Grande Prairie, Alberta. The Company land holdings consist of approximately 224 net sections (143,360 net acres) of liquids rich Montney lands at Glacier, Valhalla, Progress and Pipestone/Wembley. It also holds 163 net sections of Charlie Lake.


TSX:AAV - Post by User

Bullboard Posts
Post by UScontrarianon Jun 14, 2019 3:48pm
192 Views
Post# 29827597

ugh

ugh

These companies all trading at trough multiples.  Lets look AAV, BIR, PEY and so on after June 18th and again after the election in October.

This team and their assets are high quality but who cares as long as Canada is the only country that wants to destroy it's own reseource sector (read the globe & mail article with the same title).

However, there is so much pessimism out there, I would like to hope we are near a bottom.  But who knows. 

As the old adage goes - Markets (and governments) can stay irrational longer than you can stay solvent.

Bullboard Posts