Direct Link to Dan's Feb. 8 podcast

[dan_s]

https://www.youtube.com/watch?v=Ey6kEj_PUCM

Feel free to send this link to anyone that might be interested in where oil & gas prices are heading.

Near the end of the podcast, I highlight ROK Resources (ROK.V and ROKRF).
> ROK was free cash flow positive in 2024.
> ROK's balance sheet is solid. They have no near-term debt problems.
> ROK's going to report an increase in production of approximately 6% from Q3 to Q4.
> If ROK just holds production flat YOY in 2024 at ~4,000 Boepd, they should generate over $30Cdn million of operating cash flow in 2025 if WTI averages $70US/bbl, up from approximately $23Cdn million operating cash flow in 2024.

FEAR of Trump Tariff is keeping a lid on all of our Canadian Upstream companies. In my opinion, Team Trump will not enforce tariffs on Canadian oil & gas exports to the U.S. because they know we need Canada's heavy oil. Even if he does enforce a 10% tariff on Canadian oil & gas, it will not have a significant impact on our Canadian Juniors.

Key to my $0.50Cdn valuation of ROK is that ALL of their outstanding warrants (113 million warrants) will expire on March 4th. This is a BIG DEAL. Buy ROK before March 4th.

FLASH ALERT: U.S. crude oil production is going to decline from Q4 2024 to Q1 2025. It is a False Paradigm that "Drill Baby Drill" will rapidly increase U.S. oil production.