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

Alternate Symbol(s):  TNEYF

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

TSX:TVE - Post Discussion

Tamarack Valley Energy Ltd > Riski and his budget insights...
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Post by 65F09A on Dec 11, 2023 7:58pm

Riski and his budget insights...

Take your soft bash and head back over to the BTE board where you tell everyone to never sell.  You want a momentum stock, it is your beloved BTE.  Greager the private equity guy wouldn't know the first thing about thoughtfully and sustainably developing a resource.

The budget was filled with great info regarding building out the processing, pipe and floods that will drive real sustainable value growth over the long term.  I think this is one of the more compelling stories in western Canada.  I for one am glad it wasn't a quick hit budget that would attract more short term punters of the stock.

Strange post from a guy who can't or won't trade the massive swings in his own backyard.
Comment by riski on Dec 11, 2023 11:38pm
It seems like I struck a nerve , but I didn't mean to come across as bashing. Rather, I wanted to point out that Tamarack is likely to do much better than the budget indicates, and RBC note indicating they are underwhelmed with a budget is not a reason to be shy about investing here. Brian is conservative with his budgets. Cap ex is like the high case scenario, and production is likely low ...more  
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