National Bank increases price target for Tenaz Energy to $100. CIBC follows along with its own upgrade to $90. Tenaz has a history of outperforming targets and analysts constantly revising upwards, I expect to hear from Research Capital soon and for the trend to continue in the future.
These are 12 month targets but use your imagination and think beyond that. In his last interview, Anthony Marino was saying how they can grow production organically for the next decade strictly from the GEMS and TEN acquisitions. It's crazy to think that a brilliant mind such as his won't be able to pull off a couple of more deals during that time especially since the hard work is already done. It's easier to go from a $2B to $10B company than it is to go from $70M to $2B which is what he did and without dilution! All hail and bow before King Tony! 🤴
I remember saying this was a triple digit stock in the $30s and being called crazy and I also remember being repeatedly told that I'm going to lose it all for going all in on it, among other not so nice things lol. The thing that has brought me immense joy and sense of purpose, other than making millions and burying those who wished to see me fail, is the people on the other side of that bet. The largest confessed profit in my DMs is over $100k because of Tenaz and you damn right that makes me feel good. It's even larger in my personal circle at over $200k, shout out to my younger bro who listened to me when Tenaz was $16. He's a little bit of a procrastinator and it cost him in this case because he was supposed to buy at $12 lol.
But as I always like to say, I only assisted. You guys scored the goal by having the courage to buy and taking the time to DD the stock. Believe me when I tell you this that for every one who did buy, there was 100 who didn't. Probably way more than that but clearly their loss in this case. Ride or die TNZ, it was a mistake to diversify lol.