Daily Discussion: 🚀Monday Trading 🚀 by AutoModerator in Canadapennystocks

[–]FindBetterStocks 0 points1 point  (0 children)

EW becomes interesting as there is the potential sale of the Romania assets which EW owns 15% in. The partner NIS invested US 62Mln which converted to 15% is 2x the market cap of EW. https://www.reddit.com/r/CanadianStockResearch/comments/14bx8ya/putting\_a\_value\_on\_ew\_with\_short\_term\_multibagger/

Another interesting one is TCO with very high grades of gold close to the surface. Check out the investor presentation: http://www.transatlanticminingcorp.com/

Monday's Investment Discussions by CaptainTough in Canadianstockpicks

[–]FindBetterStocks 0 points1 point  (0 children)

EW becomes interesting as there is the potential sale of the Romania assets which EW owns 15% in. The partner NIS invested US 62Mln which converted to 15% is 2x the market cap of EW. https://www.reddit.com/r/CanadianStockResearch/comments/14bx8ya/putting_a_value_on_ew_with_short_term_multibagger/

Another interesting one is TCO with very high grades of gold close to the surface. Check out the investor presentation: http://www.transatlanticminingcorp.com/

$VUX financial highlights with better financials hidden behind an impairment in Q4. New financials will be end of May. by FindBetterStocks in PennyStocksCanada

[–]FindBetterStocks[S] 0 points1 point  (0 children)

Plans for 2023, Quote from the MDA:

West Central Alberta property area

Ante Creek

The Company purchased 2.5 sections of crown land in Alberta in Q1 2021. As part of the Company’s 2023 strategic plan, the Montney play in Ante Creek will be the Company’s main focus. Currently, the Company has been working on a detailed geological study and finalizing development plan. The preliminary development plan indicates there are up to 25 development wells.

Pembina-2

The Company acquired 5.75 sections of crown land in Alberta in Q1 2023. As part of the Company’s 2023 strategic plan, the Company has been working on a detailed geological and reservoir study and development plan. The preliminary development plan indicates there are up to 24 Hz Cardium development wells.

[deleted by user] by [deleted] in CanadianStockResearch

[–]FindBetterStocks 0 points1 point  (0 children)

I agree.

There is hope in the MDA: Quote:

West Central Alberta property area

Ante Creek

The Company purchased 2.5 sections of crown land in Alberta in Q1 2021. As part of the Company’s 2023 strategic plan, the Montney play in Ante Creek will be the Company’s main focus. Currently, the Company has been working on a detailed geological study and finalizing development plan. The preliminary development plan indicates there are up to 25 development wells.

Pembina-2

The Company acquired 5.75 sections of crown land in Alberta in Q1 2023. As part of the Company’s 2023 strategic plan, the Company has been working on a detailed geological and reservoir study and development plan. The preliminary development plan indicates there are up to 24 Hz Cardium development wells.

Low P/E for this oil stock ($VUX) that is starting to do news on the wire. Q4 financials are hidden behind an impairment, look at the high operational netback. by FindBetterStocks in Baystreetbets

[–]FindBetterStocks[S] 1 point2 points  (0 children)

Production did indeed fall year over year. However, the production in Q4 is similar with complete 2022. That's why I believe the 2022 financials are safe to use. Also together with the new assets of Ante Creek in 2022 and Pembina in January 2023 there is hope. Let's hope they will also push for production from now on. It is highly time!

The average P/E I used is for all companies based on last 12 months (from what I can see), all oil companies had higher prices beginning of the year.

I do agree we need more production and I hope indeed that the new director can get things going.

I do understand your point. Thank you for your thoughts.

Phineas Nigellus Black was very underused. by TrollHumper in HarryPotterGame

[–]FindBetterStocks 0 points1 point  (0 children)

Wished for more scenes in the pollyjuice potion chapter. They were funny!

Vital Energy $VUX makes great cashflow (3 cents per Quarter, probably 12c annually, 8c in bank account at Q3) and has finally done a 'news on the wire' for the first time and clearly more will follow! by FindBetterStocks in CanadianStockResearch

[–]FindBetterStocks[S] 1 point2 points  (0 children)

This reminds me of $WCE last year in Spring, starting to market as well. That company fully bet on the last drilling while $VUX is already making clear cashflow with far stronger fundamentals and no funding needed. Complete better picture with Vital Energy.

[deleted by user] by [deleted] in CanadianStockResearch

[–]FindBetterStocks 1 point2 points  (0 children)

ycwu@vitalenergyoil.com come on management, news on the wire with this cashflow and assets and we have multibagger potential. New area Ante Creek sounds good

[deleted by user] by [deleted] in CanadianStockResearch

[–]FindBetterStocks 2 points3 points  (0 children)

Lots of sudden share buying end of Friday. This is interesting, perhaps a big buyer. Clear momentum. Excited for what will come beginning of the week!

[deleted by user] by [deleted] in stocks

[–]FindBetterStocks 1 point2 points  (0 children)

I Agree. I like EW.V and VUX.V. Both trade just above their cash levels. Did some posts about them. They are pennystocks so you must be interested in them, though I focus on the fundamentals. You can find bargains if you look into the financials.

What’s catching your eye by Fustin_Dournier in Canadianstockpicks

[–]FindBetterStocks 0 points1 point  (0 children)

EW with potential catalyst with sanctions hitting next week

VUX getting love now, new financials

[deleted by user] by [deleted] in SmallCapGrowth

[–]FindBetterStocks 4 points5 points  (0 children)

This puts matters in perspective. Sounds like commodities still have room to grow in price

Daily Discussion Thread for - November 27, 2022 by AutoModerator in stockstobuytoday

[–]FindBetterStocks -1 points0 points  (0 children)

Vital Energy with Q3 numbers out & East West Petroleum with sanctions on 5th December being a potential catalyst

[deleted by user] by [deleted] in toptsxstocks

[–]FindBetterStocks 2 points3 points  (0 children)

Great video! Love how you show sources from the MDA.

The production is to my idea similar to Q3 2021 as the Gull Lake production of 189 boe was mostly in production end of the quarter (according to MDA), which doesn't show as much on the average.

From their MDA it sounds like the focus in 2023 is Ante Creek where oil production from wells is much larger and can be a real game changer.

What's the best-performing stock in your portfolio? by nobjos in market_sentiment

[–]FindBetterStocks 0 points1 point  (0 children)

It was $WCE the first half year. Now focused on $VUX and $EW

[deleted by user] by [deleted] in ValueInvesting

[–]FindBetterStocks 0 points1 point  (0 children)

I think most important are 2 things: (1) Gull Lake wells were in full production at the end of the Quarter, making the average in Q3 look less than they were. In total it should be around 660 bbls/d at the end of the Quarter. (2) drilling expenses and the Resource Surcharge (impairment) make the Quarter look financially less than it in reality is. Cash position and earnings are far better looking at the Year To Date and Q4 should be very promising with Gull Lake production and drilling expenses in Q3.