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.

TSX:POU - Post by User

Paramount Resources Ltd > 12% of POU value is in NVA shares

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Comment by Konaboyon Nov 29, 2022 9:51pm

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Post# 35138515

RE:12% of POU value is in NVA shares

OK, wake me up if something happens.

MyHoneyPot wrote: Every POU share has rougly $3.75 worth of NVA attached to it.

There is also about another 15 million or 10 cent a share in other Public stock.

There is about another 75 cents a share (My guess) in private companies.

Add 50 cents a share for the drilling rigs.

So if you think $5.10 a share in equities/stuff on the balance sheet, not including plant or land.

That make the enterprise value of POU below 4 billion dollars, or below in fact considering that NVA has a bond for 230 million dollars. The valuation of POU is almost the same as NVA with significantly more production and assets, not a lot of difference here, with a ton of undeveloped properties, and a ton of clearwater land.

POU is simply to cheap, and NVA is going to start buying back share in 2023 that will increase their share value that may be the exit point for POU's holding.

IMHO