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Bullboard - Stock Discussion Forum Tourmaline Oil Corp (Alberta) T.TOU

Alternate Symbol(s):  TRMLF

Tourmaline Oil Corp. is a Canada-based crude oil and natural gas exploration and production company. The Company is focused on long-term growth through an aggressive exploration, development, production and acquisition program in the Western Canadian Sedimentary Basin. It operates in three basins, which include the Alberta Deep Basin, NEBC Montney Gas/Condensate and Peace River Triassic Oil... see more

TSX:TOU - Post Discussion

Tourmaline Oil Corp (Alberta) > Topaz IPO coming soon.....game changer or dud?
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Post by mrmomo on Oct 15, 2020 11:24am

Topaz IPO coming soon.....game changer or dud?

Just a few items to note here. It's interesting that they appear to be "accelerating" this IPO asap for what seems a clear & defintive reason. What this reason is though....i do not know. I can't seem to figure out if this is being done out of panic because of the deteriorating evironment or maybe as a potential "opportunity". Tough call imo. So what do some of you folks think, is it desperation or opportunistic?

Also interesting, is which producing areas they might be mainly targeting? Personally, the only thing certain here is the Montney trend, but which specific areas is a toss up between two places imo. Either Ne Bc near Tainted Pony's former lands or may be near Central Alberta, something like around Kawka or Grande Prarie or between those two areas. I'm also wondering if they intend to complete this IPO after or BEFORE the results of US elections are known, which would be before November 3. I assume they know and are willing to take the risks if they choose the latter should Trump lose his throne.

Good luck to all
Comment by jspaceman on Oct 15, 2020 8:31pm
lol no evidence they are "accelerating" the IPO. the initial prospectus came out WEEKS AGO. of course you seem to "see things" that mere mortals do not.
Comment by mrmomo on Oct 16, 2020 8:28am
"no evidence they are "accelerating" the IPO. the initial prospectus came out WEEKS AGO. of course you seem to "see things" that mere mortals do not." Hey spaceguy.......well friend, let me put it this way. Just because YOU don't see it doesn't mean that what i explained/forsee isn't there. Right? Not EVERYONE is going to figure out certain situations ...more  
Comment by jspaceman on Oct 16, 2020 11:42am
your second post on the topic and you have yet to provide ANY evidence whatsoever that the IPO is being accelerated. In fact the TOPAZ IPO has always been scheduled for FALL 2020. Always. And guess what? it's FALL 2020. I've seen enough to know that your MO is to construc a narrative and then seek to create drama around it. planting ideas without really commiting to any of them. and ...more  
Comment by mrmomo on Oct 16, 2020 12:48pm
"your second post on the topic and you have yet to provide ANY evidence whatsoever that the IPO is being accelerated." Actually friend......that wasn't really my second post. That was only a follow reply (as is this) to a comment you made which i considered not only short sighted but ignorant in some ways. When a surgeon operates, do you see EVERYTHING the surgeon sees without a ...more  
Comment by enterusername on Oct 17, 2020 7:35pm
Depending their strategy, if they will purchase interesting projets.
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