TORC Oil & Gas Ltd. VREYD

I guess I was right?

[Cheadle12]

Torc dropped like a rock.

They had a terrible quarter & they have a lot of debt.  Nuttall seems to think they're an accumulator, but how?  They already have a huge debt burden and their shares are unfortunatley diluted.

This is probably a target for Whitecap vs. an accumulator.

Make note that Nuttall recommend Bagtext at $4, and ATH around a buck.   His track record is second only to Josef Shockerter in terms of bagholder rankings.

[MrICE]

All oil stocks dropped. Don't pick out individual ones just because. Do a chart comparison even with whitecaps 2 day bounce and then drop. They got their one acquisition that's it for them. Torc will get one soon enough. One hopefully  with some bigger upside long term then wcp just got. now wcp has too much debt  maybe. I own a lot of both and still like them. As I keep

[Cheadle12]

Down another 8% today.  There is no bottom it seems in these names. It might be prudent for Torc to acquire a gasser, 50% commodity diversification and for longer term LNG export.  Then there is not as much pressure as being labelled an Oil producer. It's really only Torc Oil & debt vs. Torc Oil & Gas.