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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. > Doubling down on my long position
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Post by poltzar on Sep 05, 2020 10:17pm

Doubling down on my long position

Slumping from fall in oil demand but can't keep going down forever. People are gonna start going out again, and will as a result, buy gas. Bought in at 1.70, and I'm gonna load some more on Tuesday. Ballsy recovery play, but I think this can put out massive gains for the patient given the current steal of a price.

Thoughts?
Comment by ratsnake220 on Sep 08, 2020 1:02pm
exon recently dropped from S&P....ten year ago the biggest company in the world.....Tsla, Workhorse, Plug, and electric car makers booming....what does that tell you about the future
Comment by 2dream4U on Sep 10, 2020 7:48am
Nothing really... 2% of car sales were electric in the USA and 3% in Canada, in 2019. Oil isn't going anywhere. Plus, the 1000+ parts in each of these are all plastic...errr oil.
Comment by 2020oilgamble on Sep 10, 2020 8:01am
This post has been removed in accordance with Community Policy