Tamarack Valley Energy Ltd T.TVE

Nuttall Couldn't Wait

[retiredcf]

On BNN as I write. Spoke to the CEO "at length" this morning and he likes the deal. Admits that he is now the second largest shareholder in TVE. Reiterates that Clearwater is the most economic play in North America. GLTA

[clamlinguine]

He gives it a pass. What else can he do when he's the second largest shareholder?

[riski]

Sell. Surely you are not questioning Nuttall's ability to sell? He does it all the time. He was WCP's biggest fanboy and dropped them like a rock after XTO. Not every deal is the same. Just adding assets for the sake of adding assets is going to get punished in this environment. Adding quality assets for bargain prices is going to see the share price soar.

[clamlinguine]

Did Nuttall say he wasn't going to sell? I must have missed that. :).  When a ceo can fund a deal with his overpriced stock...I'm all in.

[PunkRocky]

Temporary blip.... we're in a better postion future-wise. We're all here to make profits, this is not a step but a leap in that direction. All good. Let the day-traders trade, the mid-term/longterm players will continue to shine greatly. And geopolitics with Russians/Iran/winter-cold/OPEC+ (wanting at least $90 for oil)... it  will further drive the markets up imho. Cheers! PR

[Oasisjunior]

Nuttall has to feed his investors down the road,,,, Tam will have terrific returns for years to come,,, I am a long term investor and will be looking forward to the growth of this company. Many millions of dollars will be made here for all that hold and don't sell.

[retiredcf]

Yet another poster who likely isn't a shareholder given that he hasn't commented on TVE in 11 months when he indicated that he had bought and then sold the company within 24 hours. GLTA 

[Dadsaid2]

I will have to go back and listen to Nuttall but l dont think he said "l give it a pass" (as in passing grade). I sensed he was a bit disappointed and indicated he didnt think.companies should be doing deals right now. Do more for the shareholders was his message. But as the largest shareholder of TVE what was he going.to do....so he defended the deal as a good one in one of the best

[stocktalk]

Eric will reiterate on BNN, TVE/Clearwater payback is only a few months compared to  WCP/XTO 12 months. Hence, why he bailed !