Tamarack Valley Energy Ltd T.TVE

re Eric no1 holding ... can only mean 1 thing

[swale13]

there are way more years of production/reserve barrels here than the market sees

thats why he likes MEG  ....  we wait for all to be revealed

[Relaxrelax]

Eric doesn't usually hold a stock for years of production.  Look how quick he's bailing on Enerplus....cut 37.5 percent in one month.  I watched him say on BNN a few months ago that he woul keep buying if he wasn't at his 10% max of fund.  I'm hoping he knows something else is coming....since with the new debt we won't be getting huge shareholder returns till

[Hoover69]

While he did reduce his ownership weighting on Enerplus from 9.8% to 5.6%, it is still in his top 10 holdings.  One thought on this move - Enerplus is up 80% YTD while TVE is only up 36%.  Perhaps he feels there is more upside in TVE as a result?

[Hoover69]

PS: while TVE has been in Ninepoints top 10 for a couple of years now, this is the first time since April 2021 it has been the largest holding with a weighting of 10.79%.  Me likey!

[Relaxrelax]

Agree but he was acquiring at much lower prices.  Now that he has been continuing to acquire at higher prices to make this his number one holding, something is up.  Eric is no idiot, he wouldn't put over10% of his fund in this stock if he didn't have an angle.  He already admitted that there wouldn't be any substantial shareholder return till 2024 so what's his play?

[Oasisjunior]

I would have to agree more with a take over,,,, With many of these companies flushed with cash there should be a massive amount of M $ A's in 2023 and 2024. Only the big and powerful will survive... small little fish always get eaten up,

[Re1ndeer2]

It's my biggest holding now...

[Relaxrelax]

Give Eric a call.....maybe the 2 of you together could takeover this gem!  ;). Great end to the week!  Have a great weekend y'all!