Paramount Resources Ltd T.POU

Alternate Symbol(s): PRMRF

Energy Oil & Gas E&P

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 into three regions: the Grande Prairie Region, located in the Peace River Arch area of Alberta, which is focused on Montney developments at Karr and Wapiti; the Kaybob Region, located in west-central Alberta, which includes the Kaybob North Duvernay development, the Kaybob North Montney oil development and other shale gas and conventional natural gas producing properties, and the Central Alberta and Other Region, which includes the Willesden Green Duvernay development in central Alberta and shale gas producing properties in the Horn River Basin in northeast British Columbia.

TSX:POU - Post by User

Paramount Resources Ltd

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Comment by Raymondjameson Jul 30, 2017 8:54am

75 Views

Post# 26526174

RE:RE:Why pou.to is hitting 50 bucks next year

I agree that pou share price should be trading much higher than it is currently. You still have the bears dominating the market but they will jump on the bull bandwagon soon enough. When that happens, pou will be trading at $30+.

It it should have a $5b market cap by the end of the year. Good luck and don't worry about the day-to-day fluctuations. Buy on dips. Accumulate shares.

I believe this stock could get into $50s and maybe higher. $15 free cash flow per share and no debt will get you anywhere between $50-120 per share.

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