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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

Comment by topdopon Nov 17, 2021 8:30am
165 Views
Post# 34135232

RE:Nice rally today

RE:Nice rally today
hi fellow shareholders @tundraroamer and @Seppelt. I was beginning to think I had been talking to myself on this b.b!

Looks like we are on our way. Two more Qs of underwater hedges and then off we will really go.

I'm predicting all tax loss selling is out of the way already. Why sell now when the stock has gone up x12 and O&G and Macro issues are providing the strongest Tailwinds for the sector and in a generation?

And why sell when the Grays are putting more (& more) of their own money on the line?

No, quite the contrary, you *follow* their lead. I think this issue can easily see +$1.25 again - finally - by mid January '22.

These are my views only. Thanks for reading.
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