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Pine Cliff Energy Ltd T.PNE

Alternate Symbol(s):  PIFYF

Pine Cliff Energy Ltd. is a Canada-based natural gas and crude oil company. The Company is engaged in the acquisition, exploration, development and production of natural gas and oil in the Western Canadian Sedimentary Basin and also conducts various activities jointly with others. The Company's operating areas include Central Assets, Edson Assets and Southern Assets. Its Central Assets include Ghost Pine and Viking Kinsella areas of Central Alberta. Its Southern Assets includes Monogram unit, Many Islands / Hatton properties, Pendor, Black Butte and Eagle Butte areas. Its Edson Assets include Pine Cliff with its first core area in the Western Canadian Sedimentary Basin. It operates and sells its natural gas to the common Alberta natural gas price hub.


TSX:PNE - Post by User

Comment by snowshoedbon Aug 21, 2021 3:50pm
127 Views
Post# 33745320

RE:RE:RE:Toyota - slashes production in September by 40%

RE:RE:RE:Toyota - slashes production in September by 40%

I think he was making a joke… Some esoteric information Not really relevant to natural gas.

Quite witty actually? I think it was a tongue in cheek way of saying that what does Toyota have to do with PNE?

there are typically four pillars to the economy… Construction, infrastructure, cars, and government spending. I was implying that the shortage of computer chips is causing the second largest car company to shut production down by 40% worldwide for the month of September. 

My point is that Toyota is it just in time inventory manufacturer and they have a clear understanding of product flow. For them to shut in production indicates just how broken the supply chains are. That should concern us all your fault company start becoming an efficient at production because they can't get critical parts.

I know in our case it is getting more difficult to get both plastics, zinc, copper, electronic components. And our freight costs from China have gone from $2500 US per container to $25,000 US per container. And lead times four production in the case of electronics is now nine months to a year... Companies cannot survive if they have to wait nine months to produce their products.

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