Bullboard - Stock Discussion Forum Prairie Provident Resources Inc T.PPR

Alternate Symbol(s): PRPRF

Energy Oil & Gas E&P

Prairie Provident Resources Inc. is a Canada-based oil and natural gas exploration company. The Company is engaged in the exploration and development of oil and natural gas, with conventional operations primarily focused on the Western Canadian Sedimentary Basin in Alberta. Its operating areas include Michichi, Princess and Evi. Its assets primarily consist of light and medium oil associated... see more

TSX:PPR - Post Discussion

Prairie Provident Resources Inc > Headed for BK

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Post by Wildstar82 on Jan 15, 2023 10:55pm

Headed for BK

I had been a long term shareholder for many years and just offloaded my last 50k shares last week. I had been patient, waiting on the NAFTA settlement, watching the previous two CEOs sit around with their thumbs up their rear while running the company into the ground. I had high hopes, but PPR and the previous CEOs failed shareholders. Now they have no NAFTA money and a mountain of debt. They are headed for bankruptcy and shareholders will be left with nothing.

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Comment by ukrop13 on Jan 16, 2023 12:29am

This post has been removed in accordance with Community Policy

Comment by pennydredful on Jan 16, 2023 6:37pm

could be the reason we are not at that point yet may be that Prudential don"t want to own up to their loss so they keep PPR alive by extending them an olive branch infinitely ?

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Comment by filefish on Jan 17, 2023 1:20pm

Pennydredful, like the grim reaper you always seem to make your presense when these Companies are close to BK. We all know the situation here, do you get some kind of enjoyment making disparaging comments on Stockhouse about PPR and others in the same circumstance.

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