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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 sassysarahon Mar 26, 2021 1:01pm
89 Views
Post# 32886919

RE:Re NAFTA case

RE:Re NAFTA caseyes, if they lose then there won't be a big bill. If they win the debt will go down. So cash flow not expected to be impacted. 

Debt goes down - valuation goes up. Irrespective, the company should not know the results of the NAFTA claim at this time.

I am really happy the asks are holding strong today. 
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