Cenovus Energy Inc T.CVE

Nutall yesterday BNN - buying mid tier oils sands producer

[marcrobert]

Assuming it's CVE. 400 000 shares

[ztransforms173]

- CVE is NOT a MIDTIER oil sands producer - Cenovus is a VERY LARGE PRODUCER of BITUMEN - the NinePoint Energy Fund run by Eric Nuttall  ALREADY has CVE as a 10% PORTFOLIO HOLDING   - a MIDTIER producer would be somebody like ATHABASCA OIL (ATH) z173

[ztransforms173]

- LOOKED at the EN BNN video - basically, he is MOVING to the 100% SHARE BUYBACK oil companies that have REACHED their DEBT TARGET or are VERY CLOSE {HIGH-CONVICTION NAMES} - choosing the 10+% RETURN for WTI @ USD 70 per barrel - have LONG-LIFE RESERVES (30+ years) - although HE WON'T TELL you WHO they are, you can EASILY FIGURE IT OUT by READING his X TWEETS - CVE and MEG MEETS ALL his

[Commr51bkd]

I agree Ztransforms with your conclusion small correction though.  I am certai  Nuttall said "mid cap" rather than "mid tier."   I went ahead and boosted my ownership of CVE to make it my number one oil holding.    It is the only oil sand producer/ refiner I own and I hope to get to 10000 shares by the apogee of the current cycle. So are you an

[Commr51bkd]

Meant perigee (lowest point) not apogee (highest) point of the current cycle in my last post.  Proves I'm an engineer too I guess...

[ztransforms173]

- Z transforms are used in SAMPLED DATA SYSTEMS which are the BASIS for MODERN ELECTRONIC, COMMUNICATIONS, COMPUTER and CONTROL SYSTEMS  - WHAT I can tell you is that I have a VERY STRONG MATHEMATICS BACKGROUND z173