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

Alternate Symbol(s):  TRMLF

Tourmaline Oil Corp. is a natural gas producer, which is focused on producing natural gas in North America. 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... see more

TSX:TOU - Post Discussion

Tourmaline Oil Corp (Alberta) > Low to mid $30s
View:
Post by ngtraderng on Nov 19, 2021 9:46am

Low to mid $30s

It's very possible we'll see low to mid $30s over the next few months. Let the profit takers take profits before we continue higher.
Comment by Fredthereferee on Nov 19, 2021 11:46am
I see shorts are starting to infest the board again!!! Well guess what folks, as more or Europe goes into lock down that means more people staying at home and need to keep those homes warm all day, I bet you NG consumption is going to lot higher then! NG high demand=Hiher NG prices.
Comment by Eastbank on Nov 19, 2021 11:51am
Fully agree...and this heavily weighted NG operation will greatly benefit . GLTA 
Comment by Dogsbreakfast4U on Nov 20, 2021 9:24am
The stock just made a double top with a price target of around 41.50. If it dips around that price I will add more. We are in an unfavourable seasonal period for Nat gas so we could very well see selling pressure in the next few weeks but it will ultimately depend on demand. I will not consider selling until April/May. If we have a reasonably cold winter the stock will be over $50 by then.
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