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Pieridae Energy Ltd T.PEA

Alternate Symbol(s):  PTOAF

Pieridae Energy Limited is a Canadian energy company. The Company is an upstream producer and midstream operator with core assets concentrated in the foothills of the Rocky Mountains. Its business is focused on developing and producing conventional raw natural gas and processing it into sales products that include natural gas liquids and sulfur. The Company processes these commodities by using its ownership in gas processing facilities in southern and central Alberta. It owns and operates three sour gas processing complexes at Waterton, Caroline and Jumping Pound. Its upstream assets include conventional gas reservoirs in North America. Across Alberta and British Columbia, its footprint stretches over one million gross acres of land, with ownership of three deep cut gas plants and more than 3,800 kilometers of pipelines. Its foothills include southern foothills, central foothills and northern foothills. Its southern foothills have three main fields: Waterton, Carbondale and Burmis.


TSX:PEA - Post by User

Bullboard Posts
Comment by commonsense9on Jun 08, 2020 9:14am
152 Views
Post# 31123456

RE:good climb today

RE:good climb todaySomebody(s) was doing an organized buy. They seemed to hold the price at 30cents for days until they ran out of people willing to sell at that. Then apparently were willing to keep buying at a higher price. We will see if they are done at 40cents.

It only takes $500k to buy all those shares. Not necessarily an insider(s).  Could be someone who knows the price will rise again, even without BIG news.... and will sell at some target increase. (While there is a very limited risk price will go too low for them to recoup at least most of their investment.)
Bullboard Posts