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Bullboard - Stock Discussion Forum 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... see more

TSX:POU - Post Discussion

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Post by RusticHit on Aug 21, 2020 2:53pm

Free Fall

WHy dropping Like a Stone again now from 3.6  to 2.7  in few days ??is market doubtfull that they will get fair value for their shares ?? if this can drop back under 2  bucks at this rate
Comment by 2020oilgamble on Aug 21, 2020 2:59pm
This post has been removed in accordance with Community Policy
Comment by RusticHit on Aug 27, 2020 11:16am
Here you Go Turd down 6-7% while others 1-2% arx green this is not a stock to Hold what ever 40000-60000 a  day projections Pump are Use less ,sell or short on any good spike u r always in Money <><><><><><><><><> 
Comment by MyHoneyPot on Aug 27, 2020 11:35am
Rustty Brians, you thinking is taking a hit.  Clearly you don't understand economics, Karr pad 2-1 cost and average of 2.7 million dollars, the completion cost for the wells on 2-1 are reported to be 4.1 million dollars. That totals 6.8 million dollars for each well, all in costs for a well at Karr are now around 7 million dollars. (slide 5 Presentation) The first wells drilled at Karr ...more  
Comment by Robertboblaw on Aug 27, 2020 1:00pm
Here you Go Turd down 6-7% while others 1-2% arx green this is not a stock to Hold what ever 40000-60000 a day projections Pump are Use less ,sell or short on any good spike u r always in Money <><><>< rustic, since pou has a significantly smaller shareholder float(1/3 of most mid sized e&ps) they are susceptible to even greater fluctuations than most...on the way up and ...more  
Comment by Raymondjames on Aug 21, 2020 5:57pm
Rustic - missed your chirping. First sign of a drop and yiurbyou are on the Board. Like it.  I bought a whack at the lows. ACB of $1.75 now. Bought some at the close today. Long baby long. Don't forget it was option expiry date so lots of issues but can't go wrong with $1c's @ .80. Yes big $$. 
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