RE:RE:RE:RE:RE:A little ray of sunshineThanks Oldnagger,
You've been a voice of reason here since the share price was around $ 6.00 (or less).
The macro-energy picture for the world tells us that oil and gas infrastructure has been harmed by "green" policies, and yet the only energy that can replace Oil and Gas is nuclear and it is way off the radar of many of the green leaders.
If Alberta wanted three nuclear power plants to replace coal as the core of our electrical energy needs then it would take about 20 years to bring that system on line, from the day it was decided to go that route. We're not there yet, but, if coal and gas are no longer acceptable to produce electricity on the grand scale then nuclear power generated electricity is the only current technology that will deliver the power we need to heat homes, cook food, light our streets and charge electric vehicles. So, by the year 2045 we might be there. In the meantime, Oil and Gas (and coal) are our only options, and some wind and solar when the wind blows and the sun shines.
Gas just popped up in Europe by roiughly 50% from about 10 days ago. WTI dropped on fears of recession but it will eventually climb out of this hole. ($100.00 is some hole) VET should do very well in the next few months - including when the next financial report comes out as other posters have noted this morning.
If I had held onto VET steadily over the past couple of years, as you have, perhaps selling some peaks and buying this dip, then I would be in an incredible financial position.
cleareye.