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Bullboard - Stock Discussion Forum Frontera Energy Corp T.FEC

Alternate Symbol(s):  FECCF

Frontera Energy Corporation is a Canada-based oil and gas company. The Company is involved in the exploration, development, production, transportation, storage, and sale of oil and natural gas in South America, including related investments in both upstream and midstream facilities. The Company has a diversified portfolio of assets with interests in 27 exploration and production blocks in... see more

TSX:FEC - Post Discussion

Frontera Energy Corp > B of C rate
View:
Post by Kelvin on Jan 25, 2023 10:16am

B of C rate

Well there we go Bank of Canada increased rate by 0.25% and sees more quantative tightening because core inflation is still not decreasing enough. Food actually up by over 11% year on year.
Comment by fishfanactic on Jan 25, 2023 10:25am
These fed targets both in US and Canada ridiculous. 2 percent for inflation rate. Get real.. targets  should be 3 percent or 4 percent. They the feds want to kill jobs and growth for their ridiculous target let alone destroy capital 
Comment by Kelvin on Jan 25, 2023 10:52am
Yeah and oilprice had a story 2 days ago that the US is bracing for a diesel shortage in February which will be a real inflation driver because diesel prices will likely go up which will drive up the cost of everything because diesel is the main fuel to ship and distribute goods. Gonna be a rocky ride for stock markets in general as these macro factors influence the micro level like company ...more  
Comment by fishfanactic on Jan 25, 2023 11:35am
Hey Kelvin..makes me appreciate living in Colombia with 53 varietys of fruit...5 star restaurants 50 percent cheaper than the so called 1st world economy's. Another tidbit car insurance about 500 percent cheaper than N. America. Property taxes a fraction.. I am actually starting to feel sorry for those trapped in high cost USA and Canada.. Keep in touch buddy..I for one appreciate all the ...more  
Comment by Kelvin on Jan 25, 2023 12:33pm
Yeah me too fishfanatic! Love living here! Bought 4 kg of freshly caught tuna from the local fishmen $3 per kilo already cleaned, cut them up in chunks, put in jars with olive oil, rosemary and garlic and pressure cooked the jarred tuna with lids screwed on loose for 90 minutes. Tigjtened down the lids and I got canned tuna for a few months. Lots of free range chickens here too. Inexpensive. Eggs, ...more  
Comment by fishfanactic on Jan 25, 2023 1:16pm
We are blessed my friend. Will check out your suggestion on that stock. As far as that other poster critiquing Colombia's govt..he is pretty much clueless without living here. The big issue isn't exploration licenses as 183 licenses are in effect. The locals up North were against fracking  which is a local issue that the govt decided to intervene and stop. There has been pollution ...more  
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