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Bullboard - Stock Discussion Forum Vermilion Energy Inc T.VET

Alternate Symbol(s):  VET

Vermilion Energy Inc. is a Canada-based international energy producer. The Company seeks to create value through the acquisition, exploration, development, and optimization of producing assets in North America, Europe, and Australia. Its business model emphasizes free cash flow generation and returning capital to investors when economically warranted, augmented by value-adding acquisitions. The... see more

TSX:VET - Post Discussion

Vermilion Energy Inc > Congrats to those who fought through
View:
Post by cleareye on Jul 21, 2021 4:12pm

Congrats to those who fought through

Although I still have my core position, I got discouraged a few days back and sold my trading shares.

I am a little gun-shy about the forces that can drive a comodity down even though I think that VET is an excellent hold. Hence, my core position.

I was in gold a few weeks ago and I'm now waiting and watching the current situation to see if there will be a downdraft before I'll feel comfortable about buying into a miner like KL or an investment entity like WPM. Gold is often seen as a hedge against inflation but it is easier to manipulate and a small player like myself can easily be sidelined with some awful bruising.

I think that it is correct to say that O&G are a better vehicle as investments and as hedges against inflation. So, I am with the longs here.

All the best,

cleareye.
Comment by PipelessPauper on Jul 21, 2021 4:16pm
Best of luck in whatever you do too, cleareye
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