Replies to post #17576 on Value Microcaps Junior Energy

[dr_airtime]

Bought SGY.TO

Sold half of a an oversize position that doubled in MEG.TO which should have been a leader, and was.

Just take a look at the chart and if oil market stays flat to up I think SGY will get bid up to fill the gap at 0.60 to 0.75.

So I’m moving down into a smaller oily producer doing 17k boepd now at maybe 70% oil and NGL with a 20% corporate decline rate.

They have a lot of debt and company was going to be forced to sell but that pressure has been alleviated now. Jusf read the Q3 PR a couple times.

Thoughts posted here tonight. Board quiet. Very few Candian oily producers that haven’t leaped yet in 2021 and this is one!

CEO Board