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Pine Cliff Energy Ltd T.PNE

Alternate Symbol(s):  PIFYF

Energy Oil & Gas E&P
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

Pine Cliff Energy Ltd > IMO Insider selling only thing keep the lid on this play
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Comment by zack50on May 18, 2022 7:33pm
179 Views
Post# 34694087

RE:RE:RE:IMO Insider selling only thing keep the lid on this play

RE:RE:RE:IMO Insider selling only thing keep the lid on this playPNE stock price has risen 182.35% YTD... 481.82% in the past 52 weeks and 15.54% in the past 4 trading days. During this time and redpeatedly in previous years, Disbrow has had both acquisitions and dispositions of PNE shares. It sure doeesn't appear that his trading practice has had much of an adverse effect on the share price during the short and/or the long trem. As well, he holds ~$6MM in term debt @ about 6.5%.

Personally, I have watched this stock rise from $0.29 when I took my position last March, to it's present share price of $1.92. I really don't think the stock is being held down, but that's just my h/o.

I'm not sure what you are expecting here!

7Twiggy wrote: I am not.  With all the shares Disbrow holds Phil would be very careful in what he says. As I said before Disbrow's trading activity IMO is the only thing holding this down. Hopefully with all the attention, retail investors can take a lot of this guy and such reducing his influence.


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