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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

Paramount Resources Ltd > Coming down to the wire, cowards jumping ship...
View:
Post by MyHoneyPot on Oct 23, 2020 9:24pm

Coming down to the wire, cowards jumping ship...

Nov 1, D-Day the day that Nuvista bank review results are know. All has been quite on the western front, because the rats are bailing from this ship. 

Here is an example of some of the RATS, he decided to abandon ship...

https://stockhouse.com/companies/bullboard?symbol=t.nva&postid=31775367

The lucky thing for NVA is that POU will throw it a life perserver, and buy all the shares however at what price? So my guess is 93 cents. 

So my guess is 30 million shares  6 nuvista for 1 POU (47 cents) + 46 cents cash a share. 

82 million dollars, about 3 million or so less then they are getting from Strathcona. 


IMHO
Comment by Robertboblaw on Oct 23, 2020 10:42pm
I believe JR and co would go for that deal HP. However it remains to be seen. Isn't it possible POU would use it's ~20 % influence in NVA to cherry pick the assets they only want? Like you or rayjay said, taking them over outright would mean acquiring assets they likely don't want or need PLUS assuming all their debts etc. Perhaps they only want to make a deal for the assets they want ...more  
Comment by Robertboblaw on Oct 23, 2020 10:54pm
Actually if they pull that off they WILL be the next TOU....
Comment by enterusername on Oct 23, 2020 11:21pm
lol. JR put POU in POO with 750 $ mil of debt . 
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