RE:RE:RE:RE:Dividends vs reducing debtDoes anyone else here feel the easy money is made already, and if you were smart and lucky enough to buy very low, say south of $3 on this and similar stocks you have large % gains.
So the question begs is what kind of pain, rollercoaster ride, twilight zone time warp are we going to have to endure to get back from the Delta Quadrant to reward our long hard journey.
It never ends, back when everyone wanted more production, then everyone wanted dividends, more land, more debt as not enough, now less debt too much and on top zero emissions shell game by the public, no drilling, no fracing, no pipelines and lets spend money which I agree cleaning up all the detrius left over from decades of I DON'T CARE.
At least Canadians are willing to work on these things when they may be pointed out as a concern.
Personally I paid off a chunk of debt and will continue to do so if lucky enough to grow more gains down the road. The nice thing about RSP's and TFSA's is that you can't have margin.
Not looking to get rich, just looking to get back some of my losses over the last 12 years or more. Been stupid, done that, so now hoping to act safer.
Lets hope Peyto is able to do this also over time and it will help us out meaningfully or should I say profitably.