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Tamarack Valley Energy Ltd T.TVE

Alternate Symbol(s):  TNEYF

Tamarack Valley Energy Ltd. is a Canada-based oil and gas exploration and production company. The Company's asset portfolio is comprised of oil plays in Alberta, including Charlie Lake, Clearwater and several enhanced oil recovery (EOR) opportunities. The Company has an inventory of low-risk, oil development drilling locations. Its Clearwater oil play is located in north-central Alberta. Its Charlie Lake oil play is located in northwestern Alberta. Its EOR portfolio includes a set of assets across Alberta representing a range of formations and production types. The Company’s subsidiary is Tamarack Ridge Resources Inc.


TSX:TVE - Post by User

Post by smallcaptdron Sep 16, 2022 2:17pm
199 Views
Post# 34967540

Chart downtrend

Chart downtrendIf you draw a line from March high down to Aug high it's apparent that TVE is in a downtrend and from June to Sept has traded sideways and the one thing that would have been convincing would have been seeing an uptrend starting from the date of the acquisition but nothing. I'm not bashing TVE because I trade it daily but I would like to have seen something change and what I mean by a change is to have seen the stock open up $1 but nothing and you have to go by the trading pattern and no matter how many NR they have doesn't change the real facts of zero SP increase. I'm sure that the pumpers will say "what are you talking about? we're up a penny" There would have been nothing better than to buy TVE on the morning of the announcement and by the close having it up $1. I really think that another 10 NR might help. JMHO

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