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Pieridae Energy Ltd T.PEA

Alternate Symbol(s):  PTOAF

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

Bullboard Posts
Comment by TechnicallyHighon Dec 18, 2018 12:35pm
82 Views
Post# 29129712

RE:RE:Vote was approved... why no press release?

RE:RE:Vote was approved... why no press release?
commonsense9 wrote: My guess is that they guessed that the market would take no note until the German financing is announced. (And I guess that is what is going on now.)

Looks bad if you make an announcement that sounds splashy, and no one pays any attention.

(You are joking I hope about a $9million private placement being something notable.)


TechnicallyHigh wrote: So weird... Vote agreed, Private Placement complete... Where is the press release? 





Its just not the best way to run your communications department. The numbers are the numbers and no one cares, they've hit a number of the milestones but news flow went down, media isnt really in their corner despite having a fantastic narrative in probably the worst Canadian energy market since 2008. 
 

Great story. Hitting milestones (late but whatever). Approaching FID. 

The Cannabis industry is falling apart. Energy markets are looking for idiosyncratic risk. Provided the economy doesnt roll over, capital should be willing to pay attention. 

They need to take that $8m, and spend $250k on a Publicist. 

Bullboard Posts