Replies to post #17435 on Value Microcaps Junior Energy

[dr_airtime]

ATU.V/ATUUF

This is actually now my second largest energy position behind Valeura. It would be a lot larger if it was not for Valeura.

Malcolm Shaw's posts are a good intro.

Seperately, Keith from Oil and Gas Investments Bulletin has also recommended Altura and really, really likes the story and it meets his core criteria of well capex payback < year and high recycle ratio that a junior needs to self-fund growth (debt-free).

I hold Malcolm's and Keith's picks on Altura here in high regard.

Honestly, I would own more if Valeura didn't sell off so much as I don't want to sell a single Valeura share in 2018 now that we're down here. I hope I don't regret this.

I did buy a bit more Altura today and I think the chart pattern below may break to the upside in short order. I would be happy if it went down into the mid $0.50s again as would definitively add there.