Paramount Resources Ltd T.POU

Alternate Symbol(s): PRMRF

Energy Oil & Gas E&P

Paramount Resources Ltd. is a Canada-based energy company. The Company explores and develops both conventional and unconventional petroleum and natural gas. It also pursues longer-term strategic exploration and pre-development plays and holds a portfolio of investments in other entities. Its principal properties are located in Alberta and British Columbia. The Company's operations are organized into three regions: the Grande Prairie Region, located in the Peace River Arch area of Alberta, which is focused on Montney developments at Karr and Wapiti; the Kaybob Region, located in west-central Alberta, which includes the Kaybob North Duvernay development, the Kaybob North Montney oil development and other shale gas and conventional natural gas producing properties, and the Central Alberta and Other Region, which includes the Willesden Green Duvernay development in central Alberta and shale gas producing properties in the Horn River Basin in northeast British Columbia.

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Paramount Resources Ltd > New All Time High Possible?

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Comment by Raymondjameson Jun 08, 2022 11:12pm

170 Views

Post# 34742458

RE:RE:RE:RE:RE:New All Time High Possible?

Not in the last 3 quarters after pou has consistently shown the costs are under control. The problem with charts and technical analysis is that it looks in the rear view mirror. I've made a killing by understanding what is going to come in the next 3-9 months. Don't care about the past.

Going into q3, you are net debt free; increase in regular and/or special dividends etc. Who in their right mind is going to sell this now? If it gets back to $34.99, I'm not holding back any dry powder to jump on this stock.

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