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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 4:37pm
291 Views
Post# 34968046

Over 610,000 shares for sale at $4.10

Over 610,000 shares for sale at $4.10That's a fair size chunk at $4.10 and it is 26 orders so it's not just one person selling it's widespread selling so remember this come Monday because if TVE does open higher that there are a lot of shares that could be sold and this is only what's up for sale and doesn't include everyone else who wants to dump. Usually, firms will do block trades on Friday's closing and still nothing so firms aren't interested in buying large blocks of TVE. Maybe Monday TVE will have an NR to inform the other 8 billion people on this planet of their acquisition. I went to their website and they're hiring a publicist to join their team of 20 publicists. I bet you that when they used TVE shares at $3.75 for payment they probably touted saying that those shares will hit $5 on the announcement and that's exactly why they have been doing NR after NR to generate buying interest to get the SP up at least $1 so I'm sure that right now they're questioning this deal shares for debt. If you asked someone to point out where the acquisition was done on this chart that all they would see is high volume spikes with no SP movement. Has anyone found out what size of the reserves they acquired or can production be expanded and how old the equipment is and has the well experienced any trouble in the past because if they need to upgrade equipment or that there are only 2 years of life left on the well that would be disastrous? Maybe firms know this and that's why they aren't buying large blocks because there are negatives with this deal. This deal has been of no value to shareholders other than massive debt and they had better hope for $100 Oil till next year to pay down debt. This deal has been a joke! Look at the chart, the chart doesn't lie. Have a great weekend


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