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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 Mar 03, 2021 5:47pm
272 Views
Post# 32710984

Heavy in POU

Heavy in POUI have been a POU fan for many years, and i do own a couple other names. I am very familiar with the Montney (VII Gen, NVA) and hold shares in both those companies. True, i have held this stock when it traded below a dollar, now i have had quite a run, and i did double down, not to the extent of Raymod but to the point it was my only energy stock at one point in time and i was really overweigh in the sector. Raymond and i held each other back from jumping, but that now seems a long was back in the rear view mirror. 

Balance Sheet Repair
  • I purchased NVA as soon as they fixed this balance sheet with that deal that gave me the green light to invest. 

I purchase VII Generations as soon as we starting seeing OIL north of 60 (Liquids Rich)
  • High cash flow generation now.
POU is my belief in their asset base, and the future or Energy.
  • Most opportunity to make a deal and change the company in a heart beat. 
  • POU is one deal away from a full out explosion in share price. 
IMHO
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