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TORC Oil & Gas Ltd. VREYD

TORC Oil & Gas Ltd engages in the exploration, development, and production of oil and natural gas reserves in the southeast Saskatchewan area. Crude oil constitutes an overwhelming majority of the production mix the company gathers from its assets. TORC gains access to its assets through government issued royalties and uses various techniques to identify hydrocarbon reservoirs. The company focuses heavily on light oil resource plays and relies on a three-phased strategy of resource capture, delineation, and production growth.


OTCPK:VREYD - Post by User

Comment by Stockmoves1on May 04, 2020 1:53pm
100 Views
Post# 30984429

RE:RE:RE:RE:RE:RE:RE:9pt Nuttal

RE:RE:RE:RE:RE:RE:RE:9pt NuttalThanku you fellers for your posts.. Both are written well : 

LNGStrong Writes:

"hectic morning - i'll be accumulating and eventually sitting as the longs look promising in my mind for TOG.  Great management group, good assets, low debt and the cherry being largely owned by CPP + internal.  
5 and 7 seem like a long shot into 2022+ but i think a 3 handle is realistic for 2021.. 
Stockmoves i'd be very interested to learn how you review charts - care to PM me?"

SM Answer:
Management /  Assets - More speculative creates a greater Upside if we are on the Right Side of this trade.
I Don't USe charts persay... I glance at a 1-3year chart and look at past 90day trading history... perhaps closer to a Fibonnaci Approach


Someday2 Writes:


Ok Stocky ....... I talk to you.
With total respect: I love your analysis
Tell us why you follow technicals and not commodity fluctations.
From what I see, the equities always stay TOTALLY in sync with the
commodity (barring fundmental changes) . I mean, watch the streaming
chart. Every damm movement has the equities chasing. So why technicals.

Are they more accurate than say, guessing the price of Gold, for example.
I do see the manipulation points in the charts. (I think)
Always wondered.
Again, really enjoy your calls.
What you think?


SM Writes:

I have found when you try so hard to do DD on a play or understand as you say commodities, all I do is get off the gamplan... It skews my thinking and i tend to blow it... what you say works for a an initial indication of where the trend is going, so yes if one had shorted this when 2.90 failed your on the right side of the play but again price told us what was coming.. Now if I continue to look at the commdity i may never buy thios play lol and not see the endgame.. what i do find is the numbers tell me more about what is happenning than anything.. in the end it all comes down to what the market maker has in store for the stock.. don't fight the system trade within it !!

Hope this makes sense...
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