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 > Tech commentary from StockInvest.us

<< Previous

Bullboard Posts

Next >>

Comment by zack50on May 19, 2022 2:51pm

106 Views

Post# 34696095

RE:RE:Tech commentary from StockInvest.us

Thanks Twiggy! I'm not a TA person, but if PNE makes it to the suggested price range of $3.88 - $4.76 by mid-August, I could be persuaded to give technical analysis a little more thought, lol.

I do, however, put some store in the old adage, "the trend is your friend". Considering PNE's fundamentals and the present price of natural gas, I believe this existing upward trend is likely to continue and I think it's worthy of investor's attention.

Cheers!

7Twiggy wrote: Great find Zack, and I thought I was optomistic. ". the stock is expected to rise 124.59% during the next 3 months and, with a 90% probability hold a price between $3.88 and $4.76 at the end of this 3-month period."

<< Previous

Bullboard Posts

Next >>

Invest wiser with BMO's InvestorLine Platform features