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Re: MrRCD post# 49

Thursday, 03/04/2021 7:38:20 PM

Thursday, March 04, 2021 7:38:20 PM

Post# of 121
I sit mid 22's after aggressively averaging down. I had some shares that were bought in the high thirties to deal with.

Now, I'm just adding. The last time Canadian crude was over 50 bucks, this was over 40 a share.

Average cost to produce Can crude is 40-42 bucks a barrel.

Producers will be more than profitable if this price stabilizes.

PPS will play catch-up.

Imho

Good Luck

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