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Pine Cliff Energy Ltd T.PNE

Alternate Symbol(s):  PIFYF

Pine Cliff Energy Ltd. is a Canada-based natural gas and crude oil company. The Company is engaged in the acquisition, exploration, development and production of natural gas and oil in the Western Canadian Sedimentary Basin and also conducts various activities jointly with others. The Company's operating areas include Central Assets, Edson Assets and Southern Assets. Its Central Assets include Ghost Pine and Viking Kinsella areas of Central Alberta. Its Southern Assets includes Monogram unit, Many Islands / Hatton properties, Pendor, Black Butte and Eagle Butte areas. Its Edson Assets include Pine Cliff with its first core area in the Western Canadian Sedimentary Basin. It operates and sells its natural gas to the common Alberta natural gas price hub.


TSX:PNE - Post by User

Bullboard Posts
Comment by RiskyAGoGoon Jan 15, 2018 11:41am
148 Views
Post# 27359321

RE:Started a position today

RE:Started a position today
BargainHunter88 wrote: Bought a small position today. Owned this in the begining of 2016, sold it after the first leg up. Now the valuation is even more attactive while the outlook for the underlying commodity is miserable. Recent insider buying at/near this level is definitely encouraging.


I took a position as well.

 Hard not to at this valuation. I take great comfort in knowing management is capable of steering the company positively through low commodity pricing.

As a contrarian investment this provides a good buying opportunity for investors as well as an environment for the company to seek further possible acquisitions 
Bullboard Posts