Gamehost Inc T.GH

Dinosaur in the room still at $70

[malx1]

Canada in a Depression with $70 oil.   

Yes, will get worse before it gets better.   

Triple digit oil prices when Depression ends.     

Another year or two is my guess.     

2027


Nukester will ask to bet.    

He always wins.

[nukester]

Malx, 70 dollar oil is not the end of the world IMO. Look at Suncor, just hit debt target, 100% FCF goes to shareholders. Keeping the balance sheet light and fluffy for those lean months filled with $70 WTI Ditto Gamehost, balance sheet in good shape, ready for lean times. Funny thing is I have never been bummed by the typical business / commodity cycle, it is all part of the game.  The

[malx1]

Nukester - Just pointing out how the oil market has changed the past 20yrs. Depression pricing for WTI was $35-45 a barrel. Now we stick to $70. Gotta wonder how oil markets will react when demand roars back and there's only modest new supply to fill that demand; even worse if middle east exports are disrupted.  OPEC will bring maybe 2mm barrels back but it won't be enough