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Nuvista Energy Ltd T.NVA

Alternate Symbol(s):  NUVSF

Energy Oil & Gas E&P
NuVista Energy Ltd. is an oil and natural gas company, which is engaged in the exploration for, and the development and production of, oil and natural gas reserves in the Western Canadian Sedimentary Basin. Its primary focus is on the scalable and repeatable condensate rich Montney formation in the Alberta Deep Basin (Wapiti Montney). Its core operating areas of Wapiti and Pipestone in the Montney formation are located near the City of Grande Prairie, Alberta, approximately 600 kilometers northwest of Calgary. Its Montney Formation is a shale gas and shale oil resource. The Montney formation in the Wapiti area is a thick (200m+) section of hydrocarbon-charted fine-grained reservoir found at depths ranging from 2,500-3,500m.


TSX:NVA - Post by User

Nuvista Energy Ltd > Advice please
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Comment by alvarez2on May 10, 2022 3:03pm
103 Views
Post# 34671521

RE:RE:Advice please

RE:RE:Advice please
Oldnagger wrote:

While , I very much like NVA, the fact that you are placing 100 % of your portfolio in one company concerns me. It is not my place to give advice but I am compelled to say that especially given your very large position you should seek an opinion from someone who you trust as to  a less concentrated portfolio strategy. Things can and do go wrong sometimes and it is important to have a strategy for that event. And as Sugaree has often posted on this board , stop loss orders do not always work as intended. 

Best of luck !!



Good honest advice......hopefully he uses it.
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