Tourmaline Oil TOU.TO/TRMLF

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toxic921
Posts: 3
Joined: Mon Jan 10, 2011 7:15 pm

Tourmaline Oil TOU.TO/TRMLF

Post by toxic921 »

This stock is a recent IPO. It is run by Mike Rose. In July 2008 he sold his previous company, Duvernay, to Shell for over $80/share, a pretty decent exit. If you believe in "investing in people" this one might be worth a look.
http://www.tourmalineoil.com/tourmaline ... -guidance/
mdwitte

Re: Tourmaline Oil TOU.TO/TRMLF

Post by mdwitte »

a quick look at their presentation...mostly gas, not oil...cash flow does not cover capex for at least 2 years...not for me...
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