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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 bandit69on Sep 03, 2021 12:50pm
112 Views
Post# 33809673

RE:RE:RE:Disbrow 's constant selling

RE:RE:RE:Disbrow 's constant selling
snowshoedb wrote: I think we need to take a broader look at things. Imagine you were the largest shareholder with 23 million shares. I believe They are getting calls from all sorts of individuals Looking to take larger positions in the company. I'm sure that they will buy small amounts on dips and sell larger blocks of stock to people wanting to obtain a larger position. I believe the stock is consolidating. People are taking larger positions and removing them from but weak hands. I believe this bodes well for the stock in the long run. As we have not yet hit winter which is when we are really going to see the stock run (cold weather required). The kind of strength that we are seeing in the natural gas markets throughout Q2 bodes well for Q3, Q4 and Q1-22



He's still selling.  I don't know why he doesn't just do a block trade and get it over with.  Shareholders generally like to see share prices rise vs. holding the line.
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