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Prairie Provident Resources Inc T.PPR

Alternate Symbol(s):  PRPRF

Prairie Provident Resources Inc. is a Canada-based company engaged in the exploration and development of oil and natural gas properties in Alberta, including a position in the emerging Basal Quartz trend in the Michichi area of Central Alberta. The Company has 167,869 net acres in its Michichi core area with approximately 40 Basal Quartz potential drilling opportunities targeting light/medium oil. Its core areas also include Princess. The Company's subsidiaries include Prairie Provident Resources Canada Ltd., Lone Pine Resources Inc., Lone Pine Resources (Holdings) Inc., Arsenal Energy USA Inc. and Arsenal Energy Holding Ltd.


TSX:PPR - Post by User

Post by Cardboard1on Jan 07, 2019 11:21am
81 Views
Post# 29194840

What they need to do?

What they need to do?
Cut operating expenses, cut G&A, develop what they have within cash flow and STOP issuing shares!

Unfortunately, I think that a new CEO and board are required for that.

All actions since this company was founded with the reverse-takeover of Arsenal indicate only one direction: grow at all cost. And as a result our share price has declined ever since. Sad!

Cardboard
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