RE:RE:RE:PIPE is DOOMEDLNGStrong wrote: every Montney player up 8-20% today and this dog is -5% what the hell.
Having fun.
Thanks to your and "Mr. Market" general optimism, I was able to tripple my position in shares since March 19.
When PIPE reaches $4.41, I'll have reached break even, including the loss of 600K expensive warrants.
This only cost me 750 shares RDS and 250 shares VGCX.
Based on 33K boepd, PIPE will autonomously reach $7 and the aquisition bonus of 30% will get us to >$9.
Timeframe: 2022 (early -TMX anticipation-), 2024 (late).
As long as not too many oilfield services companies topple, competition remains "healthy" and prices will be low for D&C, equipment and tie-in.
Sure, I'm an optimist and sure I may be dead wrong.
Havwe fun.