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 Nov 17, 2020 1:46pm

174 Views

Post# 31915451

RE:RE:RE:RE:4$/ share of debt

Yup.

Raymondjames wrote:

Entertain - you keep talking bankruptcy. You have absolutely no clue what you are talking about. Hopefully this will inform your future posts but hope springs eternal.

In a bankruptcy, the shareholders typically lose it all. The management team hangs on for dear life to continue getting paid. In our case, the Riddells own 50%. No chance in hell it goes under. None. Zero. Secondly, the banks don't want 750m of debt. Too big to fail. Finally, Pou is now poised for tremendous upside. Costs are down and a vaccine is imminent. I have been buying on dips. Yeah yeah I've owned it for 7 years but own a ton at an acb of $2 after the last buys at $3. Load up.

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