Valeura Energy Inc. (VLE-T)

VLE announced guidance and reserves on April 18.
While we would not say the news was bad, keep in mind the stock is up 482% in the past year and 26% YTD.
Many investors like to 'sell on news'. It remains quite a small company in a sector that has shown some weakness in 2023.
But it is cheap, and has potential.
We would consider it a buy but only for higher risk small cap investors. 
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They are in partnership with Stat Oil. The first well was to find the edge of the basin. They are cashed up 2 to 4 years. It could be one of the largest gas discoveries. (Analysts' target: $9.88).

There is a dollar to a dollar and a half of real value in it. He does not like the jurisdiction. He does not want to have anything to Turkey.

He likes this company, but does not own it yet. They have pulled back recently on the share price. Some investors may be a little worried about a gas based business in Turkey, due to the geopolitical situation.

Natural gas in Turkey. He likes the management team. They went elephant hunting and they bagged the big one. He has owned this stock before, but he is concerned about the geopolitical risk, which has been playing out recently in mining stocks in Turkey.

It looks like it has a huge amount of potential. As they prove this find they feel they will get taken out.

This is a Turkish energy play who recent announced a major discovery. He does not own it as he wonders how long it may take to bring the discovery onto production.

He says this company has assets in Turkey where natural gas is priced three times higher than Canada. The company has not completely tested their well there and their pilot well will not be online until 2019. Over 95% of Turkey’s natural gas is imported, so the potential is great. If the stock was under $2 it would make sense. He believes there are better options in Canada – this is too speculative at this time.