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Bullboard - Stock Discussion Forum Seven Generations Energy Ltd. class A common shares T.VII

"Seven Generations Energy Ltd is an independent energy company focused on the acquisition, development, and optimization of high-quality, tight rock, natural gas resource plays. The company employs long-reach and horizontal drilling to produce resources of natural gas, condensate, and natural gas liquids. In addition to drilling operations, Seven Generations owns several gathering lines and... see more

TSX:VII - Post Discussion

Seven Generations Energy Ltd. class A common shares > With any Kind of Positive OPEC+ News
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Post by retiredengexec on Dec 02, 2020 3:43pm

With any Kind of Positive OPEC+ News

We could blow well past 6. That said they are Opec. Buckle up.
Comment by regardless on Dec 02, 2020 4:06pm
Basstards sold it down to 5.80$ at the close on 2500 shares.... I do agree with retired energy exec that the price hoot above 6$ if a deal is reached but now I smell a no deal  the bone headed usa is ramping up production as always  why should opec make a deal then? if they sink the price again they will finally get rid of many us company's in the shale patch wich don't kid ...more  
Comment by regardless on Dec 02, 2020 8:47pm
Retired wnwrgy exec what do you figure we could see what price wise tomorrow with an opec agreement ?
Comment by retiredengexec on Dec 03, 2020 11:24am
A buck or two with a rise to 55 by the end if next year. The deal would prevent drops. Probability 60 to 70 percent of occurence
Comment by regardless on Dec 06, 2020 12:34pm
A lot of company's have been all talk and saying they were gonna pay down debt... vii actually just did in a commodity slaughters environment and they did it without selling assets the market hasn't woken to them yet but it's comming best in class company  retiredenergyexec I feel your actually way off here and we see 7.50$ this week with oul still in a bull trend .... gas ...more  
Comment by Robertboblaw on Dec 06, 2020 1:36pm
They didn't actually pay down debt to be fair. They just used their bank line to early redeem most of the 2023 notes.
Comment by regardless on Dec 06, 2020 6:30pm
Fair enough but that is a prudent move though! they save three years running interest and that's how a well run company operates 
Comment by Robertboblaw on Dec 06, 2020 10:09pm
Yeah fair enough regardless. They probably save 1 to 1.5% interest per year on that debt they moved.
Comment by retiredengexec on Dec 06, 2020 7:24pm
Regardless. Hey bro I really hope you are right.
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