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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

Comment by blackdogon Mar 11, 2024 3:25pm
100 Views
Post# 35927000

RE:RE:RE:RE:RE:No Support

RE:RE:RE:RE:RE:No SupportYour presumption of 'insider" knowledge is awesome. You might refresh your understanding of how this is defined, and your sources of this insight, then get back to us.

As to your contention that you know anything about who continues to own Pine Cliff, neither of the gentlemen you mention has gone anywhere; save off the list of those who are required to register as insiders.  In his podcast the day following release of the year-end Mr Hodge clearly alludes to both of them (although carefully not by name) and also to AIMCO; who are required to report as insiders.  The latter has not budged; and from what Mr Hodge said I doubt if either of the former have either.

Mr Hodge just bought 55,000 shares on the open market.  Others (including me) are making their own judgements, perhaps with a longer term horizon that you use, to buy the shares that are being offered up.  We will see how this works out.

I understand you are unhappy; that seems to be perpetual. And you are entitled to your opinion. But if you aspire to it having any credibility, make sure you know of what you speak. 
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