RE:RE:RE:RE:The Only Real OIL and GAS InvestmentRafi at Canoe Energy Fund, he know Jim Riddell very well and sits with him on the board of Artis.
Rafi has alway been a fan of POU, the issue is the small float, and market cap that just broke a billion making it more investable by large funds.
VII generations should have real torque to Oil and WTI i generally add 1.25 to get a condensate price. Right now i think condensate is trading at 62 U.S. with oil almost at 61 WTI.
That make condensate 78 dollars, do you think that would help VII generations cash flow a lot, for sure.
VII generations is a gift from CPP to ARC, because they want a dividend, however in the process they just gave away my guess is a lot of money.
This is a bad deal, and the share holders should revolt.
IMHO