Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Parex Resources Inc T.PXT

Alternate Symbol(s):  PARXF

Parex Resources Inc. is a Canada-based independent oil and gas company in Colombia, focusing on sustainable, conventional production. The company is engaged in the business of the exploration, development, production and marketing of oil and natural gas in Colombia. The Company is focused on development in two main basins: Llanos and Magdalena.


TSX:PXT - Post by User

Comment by JoeBravo1on Nov 18, 2024 4:14pm
36 Views
Post# 36318660

RE:RE:RE:Shorts

RE:RE:RE:ShortsI agree 100% traderlong2.  It's just a matter of time, and patience.

This is an easier buy and hold than most other plays.  All we have to do is drown out any outside noise and short term price fluctuations.

The CEO mentioned that any future growth upside they expect did not have Arantes included, but if it does hit, it would exceed any expectations they had with Arauca.

From Nov. 6 webcast:

"So, in terms of the Arantes well right now, the timeline for this first one will be probably by this year end and we’re putting the last case in point before the prospect zone. It is still a high-risk exploration project. We have a one-in-five chance, roughly, when we announce it. We’re not counting on it to replace any future growth upside, but it is a very significant upside if it does work out and will exceed anything we were hoping for from Arauca."
<< Previous
Bullboard Posts
Next >>