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Paramount Resources Ltd T.POU

Alternate Symbol(s):  PRMRF

Paramount Resources Ltd. is a Canada-based energy company. The Company explores and develops both conventional and unconventional petroleum and natural gas. It also pursues longer-term strategic exploration and pre-development plays and holds a portfolio of investments in other entities. Its principal properties are located in Alberta and British Columbia. The Company's operations are organized into three regions: the Grande Prairie Region, located in the Peace River Arch area of Alberta, which is focused on Montney developments at Karr and Wapiti; the Kaybob Region, located in west-central Alberta, which includes the Kaybob North Duvernay development, the Kaybob North Montney oil development and other shale gas and conventional natural gas producing properties, and the Central Alberta and Other Region, which includes the Willesden Green Duvernay development in central Alberta and shale gas producing properties in the Horn River Basin in northeast British Columbia.


TSX:POU - Post by User

Bullboard Posts
Post by commodity16on Oct 17, 2014 11:49pm
251 Views
Post# 23040030

POU investments

POU investmentsI wonder if it would be beneficial if Paramount would sell it's investments?. They continue to hold big holding of Meg, Trilogy stock, amoung a few others.  Meg and Trilogy have been major underperfomers.  Before the last sell off they held over 800 million dollars in shares of these other companies (Over $7 of Paramount share price) . When I buy POU stock I want to invest in POU. Not MEg or TET, etc. Would it not be more beneficial to sell these lagging stocks and put the proceeds towards our debt? I have a feeling that analysts would see that as a extremely good thing. 800 million towards our 1Billion of debt would be a pretty good move in my opinion. Debt freeing the company would highly de-risk the stock and should make it very attractive. So why I ask continue to hold this much stock in MEG and trilogy when they have been constant market underperformers..
Bullboard Posts