Pieridae Energy Ltd T.PEA

Alternate Symbol(s): PTOAF

Energy Oil & Gas Integrated

Pieridae Energy Limited is a Canadian energy company. The Company is an upstream producer and midstream custom processor of natural gas, natural gas liquids, condensate, and sulphur from the Canadian Foothills and adjacent areas in Alberta and in northeast British Columbia (BC). It owns and operates three sour gas processing complexes at Waterton, Caroline and Jumping Pound. Its footprint covers over a million gross acres (807,000 net acres) in the Foothills and makes up conventional gas reservoirs in North America. Across Alberta and British Columbia, its footprint stretches over one million gross acres of land, with ownership of three deep cut gas plants and more than 3,800 kilometers of pipelines. Its foothills include the southern foothills, central foothills and northern foothills. Its southern foothills have three main fields: Waterton, Carbondale, and Burmis. The Company also has a production facility in the Northern Foothills of Alberta and in Northern BC.

TSX:PEA - Post by User

Pieridae Energy Ltd

Bullboard Posts

Comment by earlybird_787on Feb 02, 2012 3:17pm

157 Views

Post# 19481717

RE: RE: Gap up tommorrow

Because of securites regulations, insiders have very limited opportunites to buy shares on the open market. They may be a press release in the works; a restricted trading period before or after the release of financial statements; etc. The point is that an insider cannot always take immediate advantage of a drop in the share price.

I also think that PEA will bounce back soon, since that is the trading pattern over and over.

GLTA

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