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Nuvista Energy Ltd T.NVA

Alternate Symbol(s):  NUVSF

NuVista Energy Ltd. is an oil and natural gas company, which is engaged in the exploration for, and the development and production of, oil and natural gas reserves in the Western Canadian Sedimentary Basin. Its primary focus is on the scalable and repeatable condensate rich Montney formation in the Alberta Deep Basin (Wapiti Montney). Its core operating areas of Wapiti and Pipestone in the Montney formation are located near the City of Grande Prairie, Alberta, approximately 600 kilometers northwest of Calgary. Its Montney Formation is a shale gas and shale oil resource. The Montney formation in the Wapiti area is a thick (200m+) section of hydrocarbon-charted fine-grained reservoir found at depths ranging from 2,500-3,500m.


TSX:NVA - Post by User

Bullboard Posts
Comment by oilyexecon Mar 25, 2020 10:47am
80 Views
Post# 30845285

RE:RE:RE:RE:head fake?

RE:RE:RE:RE:head fake?congrats topadvisor, I agree there is massive upside and its nice to hear that someone out there has caught the wave.

Is this a dead cat bounce, a short covering rally, a head fake or...?

I thought that $1.50 was a steal last year so I loaded up the truck. I emptied the truck at $2.20 (and watched it go to $3) to wait for the next fire sale with a nice profit. Then, this year, I bought in big and bigger and even bigger to hold far too much in 1 company with an average SP of $0.42. A little profit now but still holding for 2 years and I will bet you are correct on your forecast. It just might be a little later in coming
Bullboard Posts