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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 traderlong2on Dec 08, 2024 6:19pm
58 Views
Post# 36351910

RE:RE:Do what's BEST for BOTH the company and shareholders.

RE:RE:Do what's BEST for BOTH the company and shareholders.
Agree JoeBravo

They are doing a great Job so far
If you win the trust of investors ....... they stay
you also shrink the float and soon the sellers under 20 will be none
thats when we pop back over 20
They are Partnered with the right people
it will be a big win at some point down the road

my hope
the under 20 sellers are gone soon 3.7 million shorts need to find shares
as the company taking 30k a day off the table for any share holder to buy
it is only a matter of time


They are Drilling to maintain or increase BPD
throwing in some wildcat drills
Chewing up shares to reduce outstanding
paying a 10.35 % Yield
no debt

I trust them so far
glta
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