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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

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Post by MyHoneyPot on Feb 10, 2021 9:57am

Honeypot - back in

Everyone know i  am big into POU, and still am have not sold any. However today i just started buying back into VII generations.

My primary reason is their production costs, they are low and they should have a tremendous quater or two here, so i expect a big bump, unless management miss communicates.

I am hoping that they will immediated produce 180,000 boe because what better time to do it then the heating season.

I also expect there will be a bit of a frenzy in the next two weeks, with gas prices that will just be stupid and my drive the stock. 

I am concerned about their condensate production declines, and i am concerned about their extra gas plant, but if they could come up with a creditable plan they could turn around the markets. Maybe they can hire someone that can make sense of it and get the market back on their side. 

I hope that VII generations will provide a little fresh honey for my pot.

IMHO
Comment by Whocares2020 on Feb 10, 2021 10:00am
good to hear.  your # crunching is stellar.....by far the best board of all my holdings.... GL HP
Comment by 325home on Feb 10, 2021 12:22pm
Welcome Back HP! I appreciate your comments and analysis. I like hearing differing opinions on a stock as it keeps the conversations real. So often we only like to hear things that support our thoughts and discourage other points of view, often to our detriment. I know I have done this in the past and justified making some pretty stupid investments and then defending them all the way to the ...more  
Comment by Taurkon on Feb 10, 2021 1:48pm
I've been a lurker here for some years now, and you are one of the few that have provided valuable analysis imo, so thank you!   Btw, I was able to get back in with POU last year at $1.21, along with quite a few other O&G stocks at the same time.  I'm looking at a hold for at least 2021 and then maybe start shedding some profits.  Definitely long(ish) on Canadian ...more