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Bullboard - Stock Discussion Forum TORC Oil & Gas Ltd. VREYD

TORC Oil & Gas Ltd engages in the exploration, development, and production of oil and natural gas reserves in the southeast Saskatchewan area. Crude oil constitutes an overwhelming majority of the production mix the company gathers from its assets. TORC gains access to its assets through government issued royalties and uses various techniques to identify hydrocarbon reservoirs. The company... see more

OTCPK:VREYD - Post Discussion

TORC Oil & Gas Ltd. > $93 mil asset writedown
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Post by filefish on Feb 28, 2020 2:00pm

$93 mil asset writedown

Its difficult to swallow this $93 mil hit to assets, but already well baked into the cake with share price decline.
Comment by Stockmoves1 on Feb 28, 2020 2:17pm
It took a little patience but we now own TOG in the TFSA.. can definatley ave down now if needs be................. who knows when you get an entire meltdown...
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