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Gamehost Inc T.GH

Alternate Symbol(s):  GHIFF

Gamehost Inc. is a Canada-based company operating hospitality & gaming properties in Alberta. The Company's operations include the Rivers Casino & Entertainment Centre in Ft. McMurray, the Great Northern Casino, Service Plus Inns & Suites and Encore Suites hotels as well as a strip mall all located in Grande Prairie, and the Deerfoot Inn & Casino Inc. in Calgary. The Company's segments include Gaming, Hotel, and Food and Beverage. The Gaming segment includes three casinos offering slot machines, electronic gaming tables, video lottery terminals (VLT), lottery ticket kiosks and table games. The Hotel segment includes three hotels catering to mid-range clients. Its hotel operations include full and limited-service hotels, and banquet and convention services. The Food and Beverage segment has operations that are located within the casinos and hotels as a complement to those segments. Its gaming operations are controlled by Alberta Gaming, Liquor and Cannabis Commission.


TSX:GH - Post by User

Comment by nukesteron Jun 18, 2023 11:08pm
71 Views
Post# 35502823

RE:RE:RE:Peak-Oil Supply - on the Horizon...

RE:RE:RE:Peak-Oil Supply - on the Horizon...My memory has faded, but I dont think I owned any Canadian stocks back in 2006.
Maybe a small position in Canadian Oil Sands?
I was just starting to dip my toes in the U.S. in 2004
I got lucky on Petrochina, made couple bucks, got out ramdomly.
My biggest mistakes were trusting small cap explorer ceo's.
Oilsands quest, Hyperdynamics, etc. 
My biggest losses were much later, when the NDP took control of Alberta.
Yes I know NDP does not control global oil prices, but they were driving the bus when things went south, and did nothing to help fix it.

Like to think of myself as an experienced investor, truth is I still struggle to value a producers hedge book.  Regardless of all my investing mistakes, I was accurate on my macro view of oil production and consumption, that really helped me deploy cash during covid (what a horrid time for humanity, let alone investors, I am still angry at my fellow citizens who trusted the evening news, thank god for Elon Musk and Twitter, but I digress)

These days, I just want to own solid companies that share the wealth with the shareholders.
Growth is nice, but I prefer profits without crazy long term timelines.  Give me a mom and pop boring business that knows how to squeeze a penny into 100 feet of copper wire at a profit and I want part of it.

When I find a company that I really like (like TOU) it is typically over priced and I end up buying something cheaper (like PEY).  I guess I was too poor growing up :-)  I am always looking for the cheaper alternative, the almost as good as, etc...   One could call me penny wise and pound foolish, but that is the way I have rolled thus far, perhaps not forever though, even I evolve (eventually)
My tool box has many Snap On tools, also have plenty of cheaper Craftsman.  Sometimes quality matters, sometimes not so much.

My portfolio has been widdled down to a small number of companies, Gamehost is one of them.  I  spend a couple hours every few months looking at financials.  I spend a couple hours everyday watching the macro picture of geo-political events and oil consumption.  Its like an addiction, a sick twisted cynical battle hardened investor vs. the global elite and I refuse to lose :-)

I could obviously use some psychological therapy, but we all know I would never pay for it :-)

Cheers,
Amigo




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