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Cequence Energy Ltd Common CEQXF



GREY:CEQXF - Post by User

Comment by EstevanOutsideron Mar 11, 2020 11:11pm
33 Views
Post# 30797031

RE:RE:RE:A Herculian Effort Here

RE:RE:RE:A Herculian Effort Here

i considered selling but then I gave more thought about how the working capital deficit is because of poor reserve pricing which is from the murderous shale revolution which is now going bankrupt and never made money.  Once natural gas is valued as a real commodity again (not waste gas to be burned at the stake, for free or "sold for negative pricing like in Texas) shareprices can appreciate more and stocks like Cequence, Peyto, Bonavista can recover.

Shale is one of the greatest frauds in the history of the stock market.  I will not sell now because I expect oil production to crater and natural gas to appreciate much more.  Since natural gas is much less impacted by coronavirus, any sell-off will only be very short term.

Natural gas could go back to $3+ this year and possibly forever.
 

The days of sub $3 JKM gas or $4 TTF iscoming to an end.  As is $1 AECO.

 

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