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Pine Cliff Energy Ltd T.PNE

Alternate Symbol(s):  PIFYF

Pine Cliff Energy Ltd. is a Canada-based company that is engaged in the acquisition, exploration, development and production of natural gas and oil in the Western Canadian Sedimentary Basin and also conducts various activities jointly with others. The Company's operating areas include Central Assets, Edson Assets and Southern Assets. Its Central Assets include Ghost Pine and Viking Kinsella areas of Central Alberta. Its Southern Assets includes Monogram unit, Many Islands / Hatton properties, Pendor, Cadillac and Wymark, Black Butte and Eagle Butte areas. Its Edson Assets include Mcleod River and Pine Creek, and Carrot Creek. The Company operates and sells its natural gas to the common Alberta natural gas price hub, Alberta Energy Company (AECO), and the Company also sells to four other gas markets: Aden, TEP, DAWN and Empress.


TSX:PNE - Post by User

Comment by bandit69on Mar 09, 2022 9:16am
146 Views
Post# 34498773

RE:RE:What more could we want in 2022...

RE:RE:What more could we want in 2022...
mjh9413 wrote: Far too many shares o/s to maake it but a mere pittance. Will be interesting how sp behaves.


By the look of the chart, specifically yesterday's session, I think my prediction will be accurate of a price drop now that earnings are out. Those candlesticks with long wicks almost always are doing what I call poking a balloon. We will see today qhat happens. As I said, I'll be happy to be wrong. :) You are right about the dividend and float comment but it is all relative. 5% of something is still 5% of something. Depends on your volume that you hold Today's news aside, energy stocks were well overdue for a correction and looks like it'll happen today. A day I've been waiting for.
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