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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) > Great Two Weeks For Tou Shareholders
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Post by integrity11 on Mar 07, 2022 3:56pm

Great Two Weeks For Tou Shareholders

Nice two week move by Tou. Hopefully now we are past the $50 barrier for good and well on our way to $60. Also hopefully we have gotten rid of some shorters. They will still be working together to bring it under $50 but the close we get to the next annocement for a a special dividend the harder it will be for shorters and hedge funds to bring it down. Good luck to all Tou shareholders (except of course the shorters).
Comment by Dragon1 on Mar 07, 2022 6:35pm
We should see 60$ pretty soon,with relatively no significant debt and a low share float with good CAPEX use I think returning max cash to shareholders via div is the way to go.
Comment by Lupuslupus on Mar 07, 2022 11:07pm
Tou is firing on all cylinders  initially bought at $15, then added more at$37 them more at $45 i will see how long it takes to ge to $60 and will reevaluate the situation at that time but honestly, it still looks like it has legs to run the divi and special divis are just an added bonus as she goes upwards
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