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 > PNE: flatlining

<< Previous

Bullboard Posts

Next >>

Comment by parchegon Jan 18, 2023 10:41am

211 Views

Post# 35230528

RE:RE:RE:RE:PNE: flatlining

Zack
In spite of the overall enthusiasm on this board, and in answer to your question:
("...convinced to hang on as shreholder"), the answer is
no
In spite of the more than reasonable yield, the stock is not flatlining but, rather, as the liear regression shows, a defiite decline and resulting erosion of book value.
Greener pastures elsewhere, I believe.
GLTA

<< Previous

Bullboard Posts

Next >>

Sirios Resource discovers visible gold in Quebec