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Perpetual Energy Inc T.PMT

Alternate Symbol(s):  PMGYF

Perpetual Energy Inc. is a Canada-based oil and natural gas exploration, production and marketing company. The Company owns a diversified asset portfolio, including liquids-rich conventional natural gas assets in the deep basin of West Central Alberta and undeveloped bitumen leases in Northern Alberta. The Company also has a portfolio of oil sands leases which have bitumen resource potential.


TSX:PMT - Post by User

Bullboard Posts
Comment by mmoschukon Dec 04, 2014 11:20am
85 Views
Post# 23194880

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Here a bearish link for ng prices.

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Here a bearish link for ng prices.I am not guessing here, I am using technical analysis and fundamentals to make informed decisions. There is still risk but with the due diligence I have in place I can limit the risk down to just market risk. My data analysis tells me these support and resistance levels. Not hard once you put everything into play and use some common sense. PMT is not hedged for 2015 for nat gas. They will be forced to sell into a commodity that is getting hammered and oil no different. PMT will not meet cashflow targets therefore not be able to pay down debt like they thought. and if you think selling assets will do that for them their assets will fetch rock bottom prices. This is why the SP is sinking. The withdrawl today was less than stellar. Look at the graph and see how much they were able to pump in it shows a great little curve. Yes, I will buy a position at 99 cents. Not a huge one but a substantial one. As I have told you before PMT is a 5-10 year story and we are getting more and more into the 5 years now. I still have a short position in play at 1.40. Not a huge one, but that is all the skin in the game for now with this stock.
Bullboard Posts