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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 > To many shares and to much debt …
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Post by Frank007 on Jan 30, 2024 9:10pm

To many shares and to much debt …

Even buying back. ....and that is if the lender let them 2 million a month it would take over two years just to bring down the share count 10% .....not my cup of tea ....good luck
Comment by robert41 on Jan 31, 2024 12:49am
Well that's the second time you've mentioned that I'm sure your posts will have great influence. 
Comment by MLEWICKIMBA on Jan 31, 2024 1:03am
You don't know too much about stock analysis.   1. 550m shares for 61k to 63k bpde production is very reasonable. 2. I put a target at 2m shares per month to be reasonable. Depending on oil prices it could go to 4m a month. And given the daily trading volumes either scenario will drive the stock price higher.   3. Dividend is 4.7% and we'll funded 4. Debt will go to ...more  
Comment by aegisfang9 on Jan 31, 2024 2:49pm
Hey I like your optimism but I'll believe the buybacks WHEN I see them. Guess how many shares they bought back and cancelled under the NCIB filed last year?  Not a single one. Show me time..... Regards Aegis You don't know too much about stock analysis.   1. 550m shares for 61k to 63k bpde production is very reasonable. 2. I put a target at 2m shares per month to be ...more  
Comment by MLEWICKIMBA on Jan 31, 2024 3:19pm
They had not met their debt target now they have.
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