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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

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Post by buurrt9779 on Feb 15, 2024 11:35am

Tve/Ath

Wow! What a loser! Both moi and the Company.
Three months ago tve and ath were both about 4.20
with ath rapidly rising to that level. In my wisdom I decided
to flip from ath to tve figuring it had the better recovery potential.
Well we're at 3.14 and ath is 4.58 and up 5% today while
we're back to early week level. So is tve really that big a
dog to be trailing now by $1.40? Guess I'm now in the
Nuttal loser camp and praying for a turn around.
Comment by cre8value4me on Feb 15, 2024 12:51pm
I hear you, we don't rise with all boats for some reason but we are the first to sink!! It is definitley frustrating!
Comment by cre8value4me on Feb 15, 2024 12:55pm
Someone must want to keep it down as there is no other logic? 
Comment by Sirlostalot on Feb 15, 2024 2:56pm
You are not alone , made the exact same move myself in TFSA , thought what could possibly go wrong . 
Comment by cre8value4me on Feb 15, 2024 3:31pm
Lets have a little more patience and see what earnings bring in a couple weeks. Sooner or later the blatant manipulation will be over and it is becoming so under valued to its peers, my bet when she pops she pops. Ath followed the exact same path of manipulation. JMHO, GLTA
Comment by MLEWICKIMBA on Feb 15, 2024 8:54pm
Well written. Well written. The way I look at it is as follows. 1. Some Cash Flow to debt and asset sales cleans up the balance sheet. 2. Dividend is good E. Share buybacks started We are getting a better company over time.   TVE a different firm.  Seriously undervalued. So yes when she pops she will accelerate quickly.
Comment by enjunior on Feb 15, 2024 3:39pm
I too did the same thing. I think debt is an issue ath as of sept/23 ca182.4m vs tve same period ca1.3b. and positive cashflow vs negative cashflow. e
Comment by Fyreguy67 on Feb 15, 2024 7:20pm
A very wise guy named BUFFET once chimed if you dont want to own a company for 10 years then dont bother to invest . TVE does indeed have a great deal of debt, but lets settle down and quit chasing Pennies when there are dollars to be made. For what its worth as I stated in an earlier post I too am still underwater and frustrated as you all are. Games being played here without a doubt. GLTA.