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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 > Oilprice is definitely being manipulated!
View:
Post by spurwing2 on Aug 21, 2024 1:14pm

Oilprice is definitely being manipulated!

No matter the draw down or war,price of oil is always going down.Ridiculous!
Comment by bows333 on Aug 22, 2024 9:06am
One should assume that every single market is manipulated. Successful manipulations can only occur when one manipulates a market in the direction that it already wants to go. Our situation, as energy investors, is much like standing on the beach while the tide is coming in. Individual waves take days to weeks to occur, but the yearly trend is higher. Look at the current situation for the ...more  
Comment by dugbenny on Aug 22, 2024 10:05am
Excellent analogy! Ive held this one for a long time and not sold a share although at times I certainly wish I had but hindsights perfect. Im now holding because I really do think they are on the right path and finally starting to execute the game plan but not gonna happen overnight and patience still required!  GLTA
Comment by robert41 on Aug 22, 2024 10:52am
Well said bows way too many posters here not looking to the future this company is in the building phase like a lot of oil and gas companies they have their production they have the assets now as long as we oil in the range you mention give this three years of buy backs and debt reduction I see tve easily over 10 dollars but it will take time
Comment by bows333 on Aug 22, 2024 12:57pm
...and today oil is up $1.50. I repeat: oil is in a $70-90 zone. Don't get too excited one way or the other until there is a major, sustained break of either number.