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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

Comment by Relaxrelaxon Apr 28, 2023 2:31pm
266 Views
Post# 35419732

RE:Eric is right about one thing

RE:Eric is right about one thingThere is just one thing that matters, that's Arc Financial and their upcoming sale in September.  It's the sole overhang on the stock.  Why would TVE doing anything to get the stock price up so ARC could then dump again.  Once the date has passed, regardless of what ARC decides to do, at least the overhang question is out of the way and then TVE can start buying back shares.  It wouldn't be a bad idea if they just approached ARC and bought the whole block back.  ARC is not in the business of holding stock so I think everyone knows they will must likely be selling this block since they got it at the ridiculously low price of $3.75.  That was the only mistake TVE made in buying Delta, giving ARC shares at such a ridiculously low price.  That and that alone has kept our price down.  Once we get this elephant in the room taken care of, we will be set for a clear run.
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