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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

Post by 7Twiggyon May 17, 2022 5:16pm
149 Views
Post# 34690490

2nd highest volume in 3 months and new high

2nd highest volume in 3 months and new highWould not argue with you zack.  The volume today on all exchanges was 3,300,000.  April 8 was the only higher volume day in the last three monts with 3,550,272  shares traded and the stock closed at 1.60.  Looks like a lot of new players on board.  Some selling by some insiders, most likely getting some of their money back after an extremely long wait.  If this had not happened we would already be over 2.00. IMO. That Phil Hodge discussion most likely similar to what we saw on BNN, but could bring even more investors on board.  If he announces another purchase of assets, which I think will come before the ex-dividend date this could easily move the stock up more than any of us have expected.
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