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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TSX:TVE - Post Discussion

Tamarack Valley Energy Ltd > TVE TAKEOVER BID OF $5 25 A SHARE PLUS DEBT

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Post by MLEWICKIMBA on Apr 29, 2024 11:21pm

TVE TAKEOVER BID OF $5 25 A SHARE PLUS DEBT

1. What would you do?

2. Is that fair value?

If its to low then why is TVE trading at 3.93?

ML

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Comment by egee on Apr 29, 2024 11:24pm

Wondering that for awhile. something is afoot

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Comment by MLEWICKIMBA on Apr 30, 2024 2:34am

Yes because shares are far too cheap / low. Easy to take a run on TVE. May 1. Tomorrow....

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Comment by BigJake on Apr 30, 2024 11:10am

I think it all depends on how long you expect oil prices to be around 80 dollars. 5.25 plus debt says TVE reserves are not worth much. If you think 80 dollar WTI is the new normal, TVE should be trading at 6 dollars right now. Just my opinion GLTA Longs

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