Surge Energy Inc (Alberta) T.SGY

Disclosure.

[Gabora]

Long time share holder in > $5.00.


I can't do much about government policy or price differential.

This one was a slow bleeder. 

I still like them.

I averaged down.

I see good things ahead.

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Let's look 2 years down the road.

Any thoughts would be much appreciated.

GLE

[Kherson]

Although I am not a fan of Eric Nutall, mainly due to his opinions on Surge, his overall take on the Market is correct. Take a look at his Twitter posts and then stick Surge into the equation. Let's not forget that a year ago, Surge was a dividend paying company whose dividend was sustainable. Kherson

[Divinvestor]

I will say this, I actually think Eric Nuttal is a very smart man. However he has a beef agaist SGY and he lets that scew his perspective on the company. Its not right for him to do that, but i do understand it. In saying that i did go on to his twitter page and watch is 25 minute presentation on oil. It is worth a watch and i do believe it is accurate for what we will see happen in 2021/2022.

[JohnFriesen]

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[zorzie]

Hey Gabora, Seeing as how nobody has actually given you any helpfull commentary,  try this on for size...  I HIGHLY recommend you listen to the this podcast from last week.    I think It will answer a lot of your 2 year time horizon questions.  https://www.macrovoices.com/932-macrovoices-253-art-berman-u-s-oil-production-still-set-for-steep-decline-in-2021

[zorzie]

Art Bermans Commentary for 2021. Or you can click the above link,  and basically get the text version of the podcast.   I recommend the podcast. 

[JohnFriesen]

This post has been removed in accordance with Community Policy

[Gabora]

Agreed. It would better for some oil plays with crude < $50 U.S. For the environment. For conventional oil / gas plays. It would be best to to put the shale players to bed for now.  We could always wake them up later, if we need them. We know where they are resting. GLE

[Gabora]

Hi zorzie, Thank you for the link. GLE