RE:RE:RE:RE:RE:RE:RE:RE:$90 Oil ??cyber37 wrote: One can also say the price went from $6 to .25/share ….but that is the risk you take when investing in exploration prospects. While true you shouldn’t ‘marry’ your stock I still like this one because of the potential in deep formations like the Wassana field.
I don’t see a need to clarify any of my posts & anyone is entitled to have an opinion; even better if it is informed.
G37
I lovce VLE stock it generated low seven figures profit for me in 2023 on multiplee swing trades.
I see the company as yet another scam canadian mining company eversince they fleeced Eqinor $50M, sold Thrace shallows to newco offshore at 90% discount to appraised value, and moved to Singapore 1500Km away from Thailand on five star expat packages leaving Canadian listed corp with proxy directors.
The optics are horrible.
I will buy back in at 1.95 or so unless oil is $65 then we know they will be bankrupt withing 3 QT since cant make profit on $87 oil.