Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Journey Energy Inc T.JOY

Alternate Symbol(s):  JRNGF

Journey Energy Inc. is a Canada-based exploration and production company focused on conventional, oil-weighted operations in western Canada. The Company is engaged in the exploration, development, and production of crude oil and natural gas in the province of Alberta, Canada. The Company is engaged in pursuing growth through drilling on existing core lands in Alberta, implementing water flood projects, completing accretive acquisitions, and growing its overall production and reserves base. The Company seeks to optimize its oil pools on existing lands through the application of practices in horizontal drilling and, where feasible, with water floods. Its areas of operation are along a resource, Fairway, which consists of the Central Alberta and South Alberta. Its Central Alberta includes Gilby-Duvernay, Crystal, Cherhil, Kaybob, Ferrier, and Ante Creek Waterflood. Its South Alberta includes Matziwin, Skiff, Herronto, and Medicine Hat EOR.


TSX:JOY - Post by User

Comment by pennydredfulon Dec 08, 2021 7:14pm
88 Views
Post# 34212606

RE:RE:RE:Journey hit $2.60 today!

RE:RE:RE:Journey hit $2.60 today!I  would cite three  factors  for  the  run up. A persistent seller has been holding the stock down for sometime so  once removed the spring holding it  down was  unleashed, it moved up. The Josh Young report  brought  in  enough  buying  to  clear  out  this  seller.  Thirdly  with   few   shares outstanding  44 million  and  about   19  million owned  by  AIM  , insiders including Alex  Verge CEO  and  one  other  institution , this   left   a float  of   only   25 million  shares  with  a low  $$ cap  relative   to many  other  juniors  such  as Inplay ,Surge  etc.  .  This  low liquidity , or  supply  allowed  the stock to  move  up  faster  than otherwise.
<< Previous
Bullboard Posts
Next >>