Replies to post #17556 on Value Microcaps Junior Energy

[dr_airtime]

Huesos ERF.TO

Definitely watch the Eric Nuttal BNN segment from friday. “Market Call” show. They usually split the segment up into like 15 parts.

Think Eric said He bought 500k-1m shares in last part of week as money is flooding into his fund and it is his top pick last week because of the high royalty structure in US Bakken ERF’s free cash flow really starts to ramp when WTI goes from $50 to $60. If the contested (Dakota?) pipeline gets shit down the incremental transport cost is $2/bbl. Bakken production will not be stranded.

Watch the clip. Around 2/3 of way through show. Here are my notes I typed out:

ERF.TO - could be 2-to-3 bagger. Prinary asser is bakken and has high royalty. Above $50 the cash flow really, really ramps. FCF yield at 25% . Daffold pipeline market scared. Eric bought a lot in last 2 days. 500k-1m shares.