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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 tracker11on Sep 16, 2020 3:57pm
123 Views
Post# 31568968

RE:RE:$40 oil looks better

RE:RE:$40 oil looks better
MrICE wrote: Last time we were at $40 oil Torc was between $1.75 - $1.80. 


TOG, like all other TSX stocks are being shorted to death. Check Shortdata.ca for September 1st to the 16th for TOG you'll see the % of total trades was 33.757 with short traded volume being 4,880,436 shares. Shorters have realized that this spike in price is just temporary as a result of the oversupply and will be bringing it back down again.
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