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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 FreeCashFlowon Nov 23, 2021 9:55am
91 Views
Post# 34156612

RE:RE:RE:Winter is coming...

RE:RE:RE:Winter is coming...

Yes it did trade at 90 cents though for a day and then sold down to 86. So 50 percent is an exaggeration , 25 is not though . Every  other producer said they are doing buybacks .  Every other producer carries debt but every other producer made efforts to pay shareholders for their patience . Phil gets no credit for anything ...  he is paid to run PNE and he needs to pay shareholders . They paid themselves with shares options that dilute holdings and creat expense and   that's all ok for the millionaire insiders ... so just buy back stock to please shareholders or cancel your options but they didn't cancel options did they . They got paid first ....or is
my opinion wrong again ? 

 

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