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Paramount Resources Ltd T.POU

Alternate Symbol(s):  PRMRF

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

Post by MyHoneyPoton Jan 27, 2021 8:38pm
152 Views
Post# 32405427

HoneyPot Warning........

HoneyPot Warning........Nothing gives a companies share price more real torque, than to have a low share count. 

POU has 134 million shares outstanding  (Issued)
Likey only 60 million free trading.

Compare that to VII generations 334 million, or NVA 226 million, or CPG 530 million.
NVA president own next to nothing compared to JR.

Shares and in the Money Calls 730,000 - TODAY Traded....

 40,000  in the money Calls
688,644 shares purchased


So the FLOAT is really only about 60 Million shares ( minus- Faimly+Insiders)

So today roughly 1 percent of the float was purchased, there is not a lot of shares to trade, and if you add that up with all the current in the money calls another (1-1.5 percent of float is spoken for) . So I would say, to bad so sad to the shorts their pants will be eaten for lunch. 

What happens when there is no more shares that people want to trade? the price goes up and POU is going to the moon.

IMHO
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