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Bullboard - Stock Discussion Forum Prospera Energy Inc GXRFF


Primary Symbol: V.PEI

Prospera Energy Inc. is a Canada-based energy company. The Company specializes in the exploration, development, and production of crude oil and natural gas. Its core properties include Cuthbert, Luseland and Heart Hills in Saskatchewan; and Red Earth and Pouce Coupe in Alberta. Its Phase II restructured development program intends to increase production. The Phase II development entails the... see more

TSXV:PEI - Post Discussion

Prospera Energy Inc > Reminds me a lot of TransGlobe
View:
Post by TheCardinal on Oct 10, 2022 9:21pm

Reminds me a lot of TransGlobe

...  about 24 years ago, after it emerged from the debris of the Dusty Mac debacle.
If they execute The Plan, this could be spectacular, considering what's ahead for energy prices.
Comment by RogueWolf on Oct 11, 2022 3:26pm
Agreed PEI has a great road map, one of my hang ups though is the amount if warrants outstanding. When you factor warrants in were sitting at about a half a billion shares out. Not trying to be negative, but I think we may have some challenges pushing this one up if people exercise a ton of warrants.
Comment by TheCardinal on Oct 24, 2022 6:29pm
If they execute The Plan and get the "exponential increase" in production that David says is coming, the Warrants will be the least of any problems.  Warrants, when exercised, bring in money, not that money will be a problem, either, if said "exponential increase" in production occurs.   It's fine to be afraid, but be afraid of things that matter. 
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