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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

Comment by MyHoneyPoton Oct 24, 2020 5:00pm
59 Views
Post# 31777219

RE:RE:RE:POU big Week

RE:RE:RE:POU big WeekI don't thik NVA can split up the company with an asset sale, it could risk the value of the share capital/putting the market cap at risk. POU owns 40 million shares they already and already have a 32 million dollar investment in NVA, they don't want to destroy that capital. They don't want NVA shares to go to 20 cents unless it is so they can buy the rest of them. 

All or Nothing

Thats my guess, either sell the shares and take the share appreciation for the cheap share purchase (61 cents), or buy the whole company it fits like a glove. 

I don't know how a company can spin you our an asset because you own 20 percent of the shares makes any sense, it doesn't make sense to me, it impacts banks and other shareholders. 

What makes more sense is something like this, POU buys NVA and spins out some assets to Topaz, maybe?

I think it will be a great deal at a great time.

What do analyst rating mean anyway?

Nuvista has a buy rating put forth by many analysts but the banks chopped their legs off in may, and they are now in a positioned where they are forced to sell, does that make any sense.

IMHO
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