Journey Energy Inc T.JOY

Explain to me please

[TickerStock101]

I am trying to see why Joy would be a good investment. I notice they have a low decline rate of 15% in 2022. But I am concerned that their FCF is really low at the current share price for 2022 as they will need to drill wells to keep production unlike 2021.

please help me understand the draw to this small company??

[pennydredful]

Do   your   own  due diligence .  Sounds like you did and didn't like  what  you saw,  so  buy something else. 

[Justhalffull]

</guess you did not read their q3 financials. suggest you do so. if that doesn't convince you of their anticipated 2022 then good luck finding one to invest in>

[pennydredful]

Go   fishing  elsewhere TROLL   .  We  won't  miss  you here.

[pennydredful]

too  bad   you  sold   out  much  lower  . Thank  You   for your shares. 

[TickerStock101]

I ask an honest question, I do not mean to offend. If you can just answer my question logically it would be helpful. I like to see facts and logic backing up my investments and I figure ones on this chat are invested in "Joy" so they must have a logical reason for it so that is why I ask the question to you.

[TickerStock101]

I did read that is why I am asking, please don't be offended

[baranja]

Ouch,.. it almost on every Oil and Gas board, we have a clown like this. This is now an organized attack on oil and gas in progress.

[TickerStock101]

Hey Oil and Gas is great. I am just trying to pick the best from the bunch. I am just trying to find out your reasons for investment in Joy and if I missed something in my reading of their report cause they have been doing exceptionally well lately. I am not trying to bash them, I am just asking a simple question to find out peoples reasons for Joy and not others. I don't mean to start a fire

[baranja]

Possible concidence, but somehow all  of that at the same time?  it is clearly attack on oil and gas in progress. JOY is fully unhedged producer,  with very low debt that  owns it's own electricity plant.

[TickerStock101]

Thank you for your reasons , that's all I wanted to know

[TickerStock101]

The 15% decline rate is a good thing! I am not bashing the company I just want to know other reasons for why this company stands out better than other Canadian oil and gas companies right now. Why you chose to go with Joy For example, I heard Josh Young has invested, that is interesting and a reason but is there more like numbers wise can you explain to me the draw? I do not say this in a

[pennydredful]

Most   persons  who   own  oil and gas shares  hold shares in several companies not  just  one. The  president  of this company owns  the highest percentage of  shares of any oil and gas  co. I know of  and they  are  supported by  AIM  ,  a large shareholder and debt holder. It has  thin 

[Re1ndeer2]

If there is any dip tomorrow,, I will add....

[Re1ndeer2]

I added 5000 shares@  $3.05.........