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Pieridae Energy Ltd T.PEA

Alternate Symbol(s):  PTOAF

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

Comment by commonsense9on Jun 21, 2021 4:58pm
119 Views
Post# 33422074

RE:RE:RE:RE:RE:RE:RE:End of Day there is only 8 Trading Days Left.........

RE:RE:RE:RE:RE:RE:RE:End of Day there is only 8 Trading Days Left.........The market is used to doses of good news from Pieridae. Nothing else- including more CCS announcemets will do anything except lift short lived bumps.

Oh yeah, for sure, if the FID ever happens the price will take off. That has been true for years. The price is 50 cents and less because that is always the big if.

My opinion is that if that ever happens, the price will not go as high as people might think.... because already diluted existing shares will be swamped by the new ownership structure around whoever brings in enough money to get this off the ground.
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