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Bullboard - Stock Discussion Forum Traverse Energy Ltd TVETF

Energy Oil & Gas E&P
Traverse Energy Ltd is a Canada-based company. The Company is engaged in oil and gas exploration, development and production activities. It conducts its operations in the province of Alberta. The Company’s assets are located in the Carbon, Turin and Greater Coyote areas of Alberta as well as in the Duvernay land base located in the Buffalo Lake, Chigwell and Pigeon Lake areas of Alberta. The... see more

Bullboard (GREY:TVETF)

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Post by Tim1234on Dec 10, 2021 3:01am

‘Cease trade’ order over?

Didn't the cease trade order on this stock end on December 5th? Still can't place an order lol. Anyone know anything? 
375
Post by Tim1234on Apr 22, 2021 2:20pm

Rising from the ashes...

OMG...someone is buying this thing...would you care to introduce yourself?
210
Comment by Theconsortmanon May 24, 2020 12:17pm

RE:RE:RE:RE:RE:RE:So...what happens now?

Best to keep it there as a reminder. I have some defunct mining companies that have been collecting at the bottom of my statement for 10 years lol. This stock is a good reminder on the dangers of ...more  
214
Discussion
Comment by Tim1234on May 07, 2020 12:48pm

RE:RE:RE:RE:RE:So...what happens now?

So...when does this thing get erased from my account so I don't have to see it anymore lol?
85
Discussion
Comment by Theconsortmanon Feb 25, 2020 2:50pm

RE:RE:RE:RE:So...what happens now?

Apparantly they will only pay 3.5 MM
140
Discussion
Comment by ValueCaton Feb 14, 2020 2:53pm

RE:RE:RE:So...what happens now?

who is going to pay a penny more than the value of the debt?  if that.
123
Discussion
Comment by RHertigon Feb 14, 2020 1:37pm

RE:RE:So...what happens now?

Pretty amazing situation. If they could get $36 an ancre for the land debt would be gone. $75 and there would be 6.5 million for shareholders. The Canadian oil market is completly insane. 
126
Discussion
Post by pennydredfulon Feb 08, 2020 12:38am

No logic

to  bank   calling    6.5M     loan     .  Typical   bank   stupidity
104
Comment by Theconsortmanon Feb 01, 2020 1:02pm

RE:RE:RE:RE:Insiders own 30% in TVL

They were burning about $110k per month in G&A so they were paying someone!
112
Discussion
Comment by mike49on Jan 30, 2020 1:46am

RE:RE:RE:Insiders own 30% in TVL

Bandit- you are wrong., The boss here never drew a salary and was pretty consistant with his share purchases,even on the way down. So maybe not 'his' company but certainly one that he was ...more  
135
Discussion
Comment by bandit69on Jan 16, 2020 10:20am

RE:RE:Insiders own 30% in TVL

It wasn't "his" company.  It was owned by shareholders. It was inevitable they would end up in this position.  Many of these downtown guys were simply lucky and hit the right ...more  
157
Discussion
Comment by Theconsortmanon Jan 14, 2020 10:57am

RE:So...what happens now?

What do you mean? The receiver will liquidate the assets (which have already been shopped) for whatever they can get. Sometimes the receiver will milk the meagre cash flow for as long as they can ...more  
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Discussion
Post by Tim1234on Jan 13, 2020 9:20am

So...what happens now?

Hoping someone could explain to this neophyte what happens now. I've never seen this.
199
Discussion
Comment by Executer99on Nov 28, 2019 7:43pm

RE:RE:RE:Insiders own 30% in TVL

It gets even odder...they had paid down their debt from 6.8 to 6.5 in recent months Who knows. Maybe there is a chance here if salvaging something 
171
Discussion
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