Bullboard - Stock Discussion Forum Tamarack Valley Energy Ltd T.TVE

Alternate Symbol(s): TNEYF

Energy Oil & Gas E&P

Tamarack Valley Energy Ltd. is a Canada-based oil and gas exploration and production company. The Company's asset portfolio is comprised of oil plays in Alberta, including Charlie Lake, Clearwater and several enhanced oil recovery (EOR) opportunities. The Company has an inventory of low-risk, oil development drilling locations. Its Clearwater oil play is located in north-central Alberta. Its... see more

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Tamarack Valley Energy Ltd > Keep in mind that Oil's forecast call for $95 Oil

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Post by smallcaptdr on Nov 17, 2022 12:48pm

Keep in mind that Oil's forecast call for $95 Oil

Today is the day that investors wished would happen, a day to stock up on shares that will definitely climb back toward the 5-month highs reached in Nov. I'm the one who predicted this sell-off was likely and I also predicted that $81 would be today's low so here's your opportunity to buy shares cheaply and its a certainty that Oil will rally back towards $90 starting next week and overseas might be the ones to reverse today's trend having Oil start its recovery tomorrow. As much as I preach that Oil will be lower well today I'm talking about an uptrend reversal for Oil. I'm sure that overseas will come up with some reason to be bullish on Oil after all it's the likes of Saudi Arabia and Russia who want higher Oil so they might be behind the push-up.

Commodity Forecast 2022/2023 (tradingeconomics.com)

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Comment by BobbyNugget on Nov 17, 2022 10:17pm

You are so wrong! WTI to drop under $80 and be suppressed throughout winter. Kiss your Santa rally good bye this year and you should have shorted at $5.50 like we did! Fool.

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