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Bullboard - Stock Discussion Forum Pine Cliff Energy Ltd T.PNE

Alternate Symbol(s):  PIFYF

Pine Cliff Energy Ltd. is a Canada-based natural gas and crude oil company. The Company is engaged in the acquisition, exploration, development and production of natural gas and oil in the Western Canadian Sedimentary Basin and also conducts various activities jointly with others. The Company's operating areas include Central Assets, Edson Assets and Southern Assets. Its Central Assets include... see more

TSX:PNE - Post Discussion

Pine Cliff Energy Ltd > Oil @ 66.25 Gas @ $3
View:
Post by Kavoli123 on May 05, 2021 11:13am

Oil @ 66.25 Gas @ $3

Is there something fundamentally wrong with this company ?
No interest ? 
Has the captain of this plane started the decend to 0 ?

Should be trading alot higher. IMHO
Comment by MrT2020 on May 05, 2021 11:50am
Yes Yes and Yes !  There is no interest !  They  have the biggest most expensive names in Alberta  on the payroll and still no one is interested in Pine Cliff Energy . Like you said 66.00 oil and 3.00 gas yet they are still deep in debt and will probably show a 5 to 6 million lose  this first quarter. Just Brutal !
Comment by snowshoedb on May 05, 2021 2:55pm
The Sky is Falling!
Comment by MrT2020 on May 05, 2021 3:08pm
I hate to tell you Phil or George or whatever your name is ....this is a dead in the water enterprise . Now why dont you go write another diatribe about the consumption of Nat Gas in China being relevate .... 
Comment by snowshoedb on May 05, 2021 7:12pm
Please find below the a couple relevent articles as you requested. https://oilprice.com/Energy/Gas-Prices/Asian-LNG-Buyers-Are-Preparing-For-A-Harsh-Winter.html I'm not sure why you might be of the mindset that: 1) US LNG Exports to Asia & Europe = 15% of US production (growth of 200+% over 2 yrs) 2) US Exports to Mexico = 6% of US production 3) US production in decline and demand is ...more  
Comment by Skylar1 on May 05, 2021 7:49pm
Good post snowshoedb , would be something to see gas at $4.00 with the summer heat . 
Comment by Skylar1 on May 05, 2021 7:34pm
I assume you sold your shares the last few days Mr T2020 or are you afraid it might not go up in price on first quarter results . You should think about what the price will be in six months or a year and relax your going to give yourself a heart attack . Nat gas strip is near $3.00 for the remainder of 2021 and is probably going much higher this summer. GLTA
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