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Petrus Resources Ltd T.PRQ

Alternate Symbol(s):  PTRUF

Petrus Resources Ltd. is a Canadian oil and gas company focused on property exploitation, strategic acquisitions and risk-managed exploration in Alberta. The Company has an inventory of low-risk oil and natural gas development assets in its Ferrier, North Ferrier and Thorsby operating areas. Its core area, Ferrier, is a resource play. The Ferrier is a liquid rich Cardium gas play. North Ferrier is an extension of its core Ferrier area. Its Thorsby asset is located in the central part of the province. Its properties, located in the foothills of Alberta, are a more minor area for the Company. The Company is also evaluating Kakwa, an early-stage Dunvegan oil play, for potential further long term development.


TSX:PRQ - Post by User

Post by topdopon Nov 01, 2021 1:34pm
159 Views
Post# 34073844

The 2 week "Quiet Period"...

The 2 week "Quiet Period"...... before being required to release the prior Q results has commenced meaning if there were any "Material Events" outside of those already announced for or during the prior Q, the Company would need to have already announced same.

There were none.

With the TSX completing their Listing Review and finding PRQ fully compliant with listing rules and requirements, PRQ looks to have regained the confidence of everyone outside of Retailer Joe Public.

They will cotton on, soon enough though... and to be ahead of that, I have started buying again.

26,000 at 78c completed for today.

Further, with explosive nat gas prices, and the Company on new footings, I suspect PRQ will suffer ZERO tax loss selling this year and that, in point of fact, we will find ourselves over $1/share by late January 2022.

These are my views only. Thanks for reading.
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