Pieridae Energy Ltd T.PEA

Alternate Symbol(s): PTOAF

Energy Oil & Gas Integrated

Pieridae Energy Limited is a Canadian energy company. The Company is an upstream producer and midstream custom processor of natural gas, natural gas liquids, condensate, and sulphur from the Canadian Foothills and adjacent areas in Alberta and in northeast British Columbia (BC). It owns and operates three sour gas processing complexes at Waterton, Caroline and Jumping Pound. Its footprint covers over a million gross acres (807,000 net acres) in the Foothills and makes up conventional gas reservoirs in North America. Across Alberta and British Columbia, its footprint stretches over one million gross acres of land, with ownership of three deep cut gas plants and more than 3,800 kilometers of pipelines. Its foothills include the southern foothills, central foothills and northern foothills. Its southern foothills have three main fields: Waterton, Carbondale, and Burmis. The Company also has a production facility in the Northern Foothills of Alberta and in Northern BC.

TSX:PEA - Post by User

Pieridae Energy Ltd > Top 20 PEA Shareholders

<< Previous

Bullboard Posts

Next >>

Comment by commonsense9on Mar 14, 2021 10:29pm

145 Views

Post# 32796369

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Top 20 PEA Shareholders

First, "people know how to read" . Then, my agenda.

You always talk as if this is just a simple matter of reading the facts- as if it is all obvious. It is anything but that. Alred Sorensen is a master promoter, an illusionist. He is so good that he just might conjure this thing into reality. Its still pretty much a long shot. But he is damn good to have got it this far.

He started with just $30million he made off the Kitimat project, and has never roped in anyone with any more money. That also is pretty amazing.

Anyone who thinks this is just a matter of reading is a fool waiting to be fleeced. Or a fool that can get lucky.

I do this for kicks, and have with a few industry stocks for several years. I'm retired. I would not mind making some more money. But I have fun watching stocks that interest me. Alfred Sorensen and the Goldboro thing are definitely interesting,

I dont know if people's posting histories show up. But before I was here, I was on the AltaGas board. I'm always a critic. It would not be fun otherwise. I say when I think mgt makes shrewd moves.

In principle I am ready to play these stocks. I made a nice chunk of cash on AltaGas when it took a dive that even a critcic like me thought was not warranted. So I make money doing what I do for fun. But it has to be interesting to me. Fun first. Since I'm well informed, I might make money on a particular stock- if I play.

I'm not a risk taker. Never was. So I'm probably never going to buy into PEA. If I knew it was headed up (I have high standards of what that means), I would buy (and get out before it fell). Even when it was way overvalued, it did not meet my standards of being sure to short PEA. I never felt the possibility was too small that it would screw me by jumping up when I did not expect it.

For What Its Worth: the stock is so cheap, that it is tempting. As long as you dont make a big bet, you cannot lose much money. And if they beat the odds and do an FID this year, you would make a lot of money (which you will only keep if you get out- dont wait to see if the FID is real. The only thing you would know is real is the price jump in front of your eyes).