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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 Raymondjames on Apr 02, 2021 5:50pm

Crickets

Bogeyman - where are you? Happy Easter to everyone. We know Rustic is back in unless he got shaken out recently. This is a $15+ stock at some point this year. Will not be a straight line but cast your eyes to the May and August in-the-money calls. Lots of shares will be trading hands in those months.  Expect those who wrote those calls will try everything in the book (and other non-kosher maneuvers) to get that stock back before option expiry. You'd think that they will soon realize that the continued accumulation of deep in the money calls is a signal that the buyer/buyers have money to complete the knockout punch.
Comment by bogi on Apr 06, 2021 2:42pm
OMG - you missed me already . Your wish for $ 15 for POU this year will not happen  but you know that already .   But the same for me on the down side     $  5.50  might be a problem as well  . I might have to raise it to $ 6.50  which is o.k. with me .  You let me know when it get's close to my target  , right ?  Just ring ...more  
Comment by Sugaree on Apr 06, 2021 5:30pm
I still maintain from a few weeks back, POU will NOT go below $10.00, period. It came close last week, but alas rebounded hard. All the O&G have been on a holding pattern for 4 weeks now, nothing strange about POU recent range trading.  One of these days the algorithms switch will flip to long for an extended run. Vaccines are going great, just need some good news on infections in ...more  
Comment by Raymondjames on Apr 07, 2021 7:50am
$20 says we get to $14 before we see $6.50. 
Comment by Robertboblaw on Apr 07, 2021 9:51pm
I just want to see us get to free cash flow neutral in the next few years. That will be a clear indication to the market POU is a great place to invest your money if you want oil exposure. Problem is, Oil at or above $90 then yes there will be a ton of free cash flow. Oil below $70, highly unlikely -  however, break even is very much possible. Last rig count in North America was ~500. It was ...more  
Comment by Raymondjames on Jun 25, 2021 11:46pm
Rusty - Do you remember this line from the Bogeyman....lol  Between the "sky is falling" and "wtf" every time you saw red, this quote didn't age well  The shorts/ sellers have taken a beating over the last 14 months. Gives me great pride to helped in their misery given the years of torment they caused me.  Generational wealth earned the old fashioned way ...more  
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