TORC Oil & Gas Ltd. VREYD

Energy Oil & Gas E&P

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.

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TORC Oil & Gas Ltd. > Tempted to dump some of my other names

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Comment by Chris007on Sep 29, 2020 12:32pm

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Post# 31635414

RE:RE:Tempted to dump some of my other names

Whether something is essential and whether its a good investment are two totally different things entirely.

Plenty of examples out there of companies that produce "essential" goods that are poor investments. Look at the performance of steel makers or fertilizer producers, just to name two sectors that are very much "essential" to economic growth, but have performed pretty terribley over the past decade or more

tracker11 wrote:

Cheadle12 wrote: and buy some of this Edmonton Oiler.

But the problem is the trend. Like the Canadian economy, it's been trending south.

Thoughts here? Why buy Torc when it's an oil name in a world that hates oil?

No no no no.. ..bleeding heart leftist Inconsequential tree huggers hate oil. The world runs on the commodity and world leaders, bankers and the investment world knows it and will be the case fir decades yet to come. Imagine a world with no oil at present time. We'd go back to living in caves. Fear not, oil is not going away and will make a comeback. Maybe not $100 per barrel but it will.