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Tourmaline Oil TOU.TO/TRMLF

Posted: Thu Jan 13, 2011 2:34 pm
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/

Re: Tourmaline Oil TOU.TO/TRMLF

Posted: Thu Jan 13, 2011 9:22 pm
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...