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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

Comment by InvestLargeCon Mar 30, 2019 12:36pm
36 Views
Post# 29558554

RE:RE:Mackie new target .70

RE:RE:Mackie new target .70

stockfy wrote: Good to see that you admit at least that Mackie's previous price target was C$1. That's a positive for you.

Yes Mackie's new price target for PPR is C$0.70 but keep in mind that Mackie says that its analysis does not include any cash compensation from NAFTA. Zero. Nada.

Keep also in mind that PPR's NAV per share is C$0.43 on PDP, not 1P, not 2P.

Keep also in mind that PPR can sell non-core midstream assets previously owned by Marquee and upstream assets because it has 700,000 net acres now. This is 700,000 net acres.




They accuse you for "copy-paste" of the FACTS, that you provide the data, not assumptions! 

Ridiculous!

 

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