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Paramount Resources Ltd T.POU

Alternate Symbol(s):  PRMRF

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

Comment by Quintessential1on Dec 07, 2024 6:03pm
88 Views
Post# 36351274

RE:RE:RE:RE:Fantastic Opportunity - The Brains of the Patch Reside Here.

RE:RE:RE:RE:Fantastic Opportunity - The Brains of the Patch Reside Here.Most dividends come tax paid. 

That's why your broker boosts the taxable amount on your T5 and then the CRA gives you a big dividend tax credit to avoid the double taxation.  

I am not sure what that has to do with a lowering share price or the need to prop it up.

The I was just telling poo elsewhere that the share price was $2 a share higher in April than it is today and they hadn't just sold 3.3 billion in flowing barrel assets then so....

Now there is a bull pennant so it could jump a buck or six this week depending on how excited the algos get but some old fashioned pom pom cheering from the poo pot couldn't hurt.   

GL Fellow Investors
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