RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Matt ShybaAnother 225k shares purchased on Monday. By the looks of the subject line ( # of RE's:), this guy is becoming a household name around here. And I have become obsessed with counting his shares.
Only 19mil more shares and he will be a 20% holder and change of control matters may come into play..
| Filed 2022-09-20 21:55 Tx date 2022-09-19 | $PPR
Prairie Provident Resources Inc. | Shyba, Matthew 4 - Director of Issuer Direct Ownership | Common Shares 10 - Acquisition or disposition in the public market | $27,370
+119,000 vol
$0.23 each | 2,852,500 | |
| Filed 2022-09-20 21:55 Tx date 2022-09-19 | $PPR
Prairie Provident Resources Inc. | Shyba, Matthew 4 - Director of Issuer Direct Ownership | Common Shares 10 - Acquisition or disposition in the public market | $23,850
+106,000 vol
$0.225 each | 2,733,50 |
energee wrote: The Director obviously likes the story.
That said, their debt remains a big issue and perhaps that will be addressed soon. It is expensive, restrictive (they demand the hedge positions), but the same lender also owns cheap warrants. Could be some debt/equity management to be worked on.
If the deeper interval in the Banff fm at Michichi has promise (which appears possible) they could have a winner on a reserve basis.