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Prairie Provident Resources Inc T.PPR

Alternate Symbol(s):  PRPRF

Energy Oil & Gas E&P
Prairie Provident Resources Inc. is a Canada-based company engaged in the exploration and development of oil and natural gas properties in Alberta, including a position in the emerging Basal Quartz trend in the Michichi area of Central Alberta. The Company has 167,869 net acres in its Michichi core area with approximately 40 Basal Quartz potential drilling opportunities targeting light/medium oil. Its core areas also include Princess. The Company's subsidiaries include Prairie Provident Resources Canada Ltd., Lone Pine Resources Inc., Lone Pine Resources (Holdings) Inc., Arsenal Energy USA Inc. and Arsenal Energy Holding Ltd.


TSX:PPR - Post by User

Prairie Provident Resources Inc > Rights Offering
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Comment by filefishon Oct 08, 2024 3:59pm
105 Views
Post# 36258347

RE:RE:Rights Offering

RE:RE:Rights OfferingThe Rights have been trading since 9/30, one full week So far only 710k shares have been traded and the range has been between .005 and .01. Even the rights are trading at a discount to fair value based on the underlying stock price. I notticed that a trading HOLD was on PPR.RT for a short time this morning. I am guessing that there may have been a huge sell order creating an market imbalance.
Currently the Rights are valued at .0036 US$ in my account.
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