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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. > $40 oil looks better
View:
Post by MrICE on Sep 16, 2020 12:07pm

$40 oil looks better

$40 oil looks better. 

Eric Nuttall is back on BNN Friday. See if he thinks 40 is sustainable for short term. 

long term we're good but buying the dips works too

Comment by MrICE on Sep 16, 2020 2:26pm
Last time we were at $40 oil Torc was between $1.75 - $1.80. 
Comment by tracker11 on Sep 16, 2020 3:57pm
TOG, like all other TSX stocks are being shorted to death. Check Shortdata.ca for September 1st to the 16th for TOG you'll see the % of total trades was 33.757 with short traded volume being 4,880,436 shares. Shorters have realized that this spike in price is just temporary as a result of the oversupply and will be bringing it back down again.
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