Seven Generations Energy Ltd. class A common shares T.VII

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[retiredengexec]

Condy was 45.11 us yesterday or 59 dollars cdn using an fx rate of .76. I believe they sold condy at 46 cdn in q3.

[topdown99]

Wicked !!!  That is GREAT news . Those kind of prices will get VII out of the penalty box and back on the ice . I heard 48M americans are driving (somewhere) for Thanksgiving with additional air travellers , this should be bullish for next weeks EIA oil inventory and prices . Very interesting trading lately , slow grind higher .

[regardless]

It has been a slow grind higher in deed but as I mentioned this morning if we could close at or close to the days high we could bounce up tomorrow quite well as long as oul continues green by morning I think we could have a big day tomorrow 

[topdown99]

regardless , tomorrow is US Thanksgiving , I don't know if WTI will be trading tomorrow . That was a very bullish close today and VII seems poised to test $6 in the near term . VII is still grossly under-valued , IMO

[regardless]

I agree and because of today's strong finish I could see people pouring into Canadian energy names for a good trade tomorrow ... this could be a big 7% day 

[topdown99]

Well regardless , I will be checking on your predictive prowess tomorrow and believe me when I say , I hope I am patting you on the back for being so perceptive . Looking forward to a great tomorrow . 

[Robertboblaw]

However things go as we round out 2020, I'm looking to a robust 2021. If the prevailing sentiments of oil in the $50 to $55 range are accurate, 2021 could prove to be a big year for Alberta oil and gas cos. Oil in that range could increase most free cash flows upwards of 50% from the $40 range which would be just excellent. Add healthy Nat gas prices to the mix (again if prevailing sentiments

[Robertboblaw]

Also, if I'm understanding viis hedge position correctly, for 2021 , 30% of Condy prod is hedged at $45, and around 50% of their nat gas prod is hedged at $2.75 mbtu (both in USD). The presentation inidcated $35 Wti and $2.25 mbtu is their break even pricing.

[regardless]

Im thinking I am nor so accurate on my call for today.... but let's see how the day plays out.... this stock has run up as well when oil turns red .... it has a lot of room to catch up from this 35% oil run still