RE:RE:Did TVE overpay?Oil can drop to 20 just as fast as it can go to 120
these clowns haven't come close to paying off their credit card and they're shopping again. Let's not forget two years ago oil was literally 0. Peace breaks out in Ukraine price tanks Iran signs a nuclear deal price tanks Venezuela the biggest oil country in the world elects new leader price tanks
alternatively European sanctions on Russian causes Russia to lower the price to India and China's world oil price follows.
Oasisjunior wrote: Just stick to the facts and the numbers,,,, oil is going nowhere but up, the world is consuming and oil hungry, With out energy we go nowhere.... BTE and CJ are up and paying well but for how long??? What will happen in the next 5 to 10 years,,,, where will they source their new wells??? Tamarack has the best assets in the Clearwater that they can 1. develope, 2 Partner with a second party 3. Sell or be bought out by a large fish like Cenovus or Exxon...... This purchase is a win, win for the future of Tamarack... IMO I would rather hold my investment with Tam for a year or so and make a larger return than staying with some of the other oil companies that have hit there max or are very near their max... Good luck to the longs we will be well rewarded...