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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 Jun 02, 2022 9:03am
203 Views
Post# 34726016

Ground hog day

Ground hog dayFour key take aways I am following with Pine Cliff, are the amount of cash flowing into the till each day, trading activity up the the June 15 ex-dividend date, possible acquisition, Disbrow selling.  IMO the only reason anyone has been able to add at these levels is realted to the Insider selling. As I said before that when that happens we should see a significant bounce.  For some reason I think we will see that before the ex date., Until then ground hog day, leaving most likely a good buying opportunity for the next couple of weeks.  Of course their is always the chance that Pine Cliff itself gets taken out which could also be very good for the shareholders, particularly if it is one of the top performing companies.
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