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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

Comment by Maxmoeon May 31, 2022 1:36pm
98 Views
Post# 34720602

RE:RE:I missed the boat

RE:RE:I missed the boatThe only way there will be a huge pullback, like back under $1, is if there is huge BAD news. Nobody that says they will buy on a pullback, a large pullback, ever does. They won't buy because of the bad news. And that could very well be the right call. The bad news may get worse. But barring bad news, they won't buy because there will not be a meaningful pullback. I bought pea for the gas, not the LNG project. The current production, reserves, processing, and pipe is very undervalued at anything north of $5 gas. Imao. So if there is a big speculative pop related to the LNG project ..... great news. A bonus. And maybe a sell on news event. Hope to find out this month.
Maxmoe wrote: I thought the same thing when I stubbornly refused to pay $1. Cause $1 is "just ridiculous ". So I paid 98. I almost missed a huge move in just one month over 2 cents. Whew! Good luck.
smallcaptdr wrote: I have been dragging my feet on this one and wouldnt you know it that news came out today and I always have a problem buying at the high of the year so I'll wait for a pullback if one comes, GLTA




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