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Prospera Energy Inc. V.PEI

Alternate Symbol(s):  GXRFF

Prospera Energy Inc. is an energy company based in Western Canada, specializing in the exploration, development, and production of crude oil and natural gas. The Company is primarily focused on optimizing hydrocarbon recovery from legacy fields through environmentally safe and efficient reservoir development methods and production practices. It has 100% ownership of the Luseland asset, which has oil reserve of an estimated 280 million barrels of Original Oil in Place (OOIP). Additionally, the Company has gained 100% ownership of the Hearts Hill property, which contains the highest API oil (17API) among the three heavy-oil assets and holds upside potential in the Sparky formation. In Cuthbert, it has a working interest of approximately 86%. Both Hearts Hill and Cuthbert assets have full infrastructure in place with facilities that can handle approximately 75,000-barrels of emulsion each. The Company's Pouce Coupe property is located in Alberta.


TSXV:PEI - Post by User

Comment by javaman12on Dec 11, 2024 4:45pm
86 Views
Post# 36357601

RE:Take Care Of Those Shorting Your Shares!

RE:Take Care Of Those Shorting Your Shares!Hopefully some new money will soon start buying our 3.5 cent shares. If these get taken out, then anyone shorting who hasn't covered already will have to buy back their shares. This has a magnifying effect on the share price upside. 

No significant dumping was done today! Perhaps this was just a coincidence? But today, this is a good sign for the future! 

I still think that 3.5 cents for our shares is far too cheap! 

Once a press release informs the market about a significant increase in production, the share price will rise far higher than it is today! This is just a matter of time. 

All longs should be very happy in the coming year! 

Debt issues are an important issue for every company and their shareholders. But an active producer in the oil industry can pay this down relatively quickly when good volumes of oil are being sold!

A good petroleum management team with growing revenues may successfully drill many more new wells or acquire additional properties whenever that need arises and the right opportunity knocks!

Alternatvely, good revenue growth could also allow for significant share buy backs to be made! Other petroleum companies have done the same when their total revenues have allowed them to consider that option!

For a stock trading at 3.5 cents and with a market cap of only 13 million Canadian dollars, it wouldn't take too many extra company dollars to drive the share price up, very quickly!

              The share price of Prospera Energy is going to rise. It's just a matter of when!

                                                     All the best! Java






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