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Apollo_CB
Jan 25, 2024 8:15 PM

FRHLF contraction as oil bases Long

Freehold Royalties LtdOTC

Description

Oil looks to have bottomed or is close, I expect this gorgeous contraction to end up bullish. I hold this royalty company in my long-term account and have started to average in more aggressively here. My target is 14$, the dividend is a nice setup here. The company is not exposed to the same risks as oil companies because they simply own the land other companies drill upon and collect royalties.
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