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

Petrus Resources Ltd > Federal Reserve Chairman Jerome Powell Speaks

<< Previous

Bullboard Posts

Next >>

Post by geezer21on Apr 21, 2022 10:17pm

128 Views

Post# 34622603

Federal Reserve Chairman Jerome Powell Speaks

Notice that after Federal Reserve Chairman Jerome Powell spoke today about raising interest rates that while stock markets sold off that tangible assets like copper, oil, gold, natural gas etc., did not drop in price. They maintained their value.

Raising interest rates is to prop up the USD. It is not prices that are rising but it is dollars that are devaluing.

<< Previous

Bullboard Posts

Next >>

Investors eye Australian gold mining projects amid promising developments