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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) > Special Div Reminder….
View:
Post by newtonboy on Jan 20, 2023 11:54am

Special Div Reminder….

Just a friendly reminder that today is the last trading day prior to ex-div (Jan 23 -Monday) in order to scoop up the free cash that TOU is kindly offering. Almost makes me feel like a politician feeding at the cash trough!
Comment by Lupuslupus on Jan 20, 2023 4:23pm
Looks like there was a flurry of buying at the end of the day also good to note that in the past couple of days Mike Rose and another board member bought several thousand shares each like I said, I think Mike Rose has a plan down the road for Tou to be aquired and to get bought out at the right price until then collect the divis and don't worry about the daily ups and downs
Comment by JohnSP on Jan 21, 2023 3:52pm
Good point, previously Mike Rose was CEO of Duvernay Oil Corp that was sold in 2008 to Shell Canada: https://www.reuters.com/article/us-shell-duvernay-idUSL1468941020080714
Comment by Lupuslupus on Jan 22, 2023 9:49am
Even before that Rose built and sold Berkeley Petroleum https://www.ogj.com/exploration-development/reserves/article/17264256/anadarko-to-buy-berkley-petroleum-for-1-billion-thwarting-hunts-bid So, when LNG Canada comes online, Tou would be a perfect candidate to be aquired as feed for this project Time to make some money
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