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

Alternate Symbol(s): PIFYF

Energy Oil & Gas E&P

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

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TSX:PNE - Post Discussion

Pine Cliff Energy Ltd > Who's selling ...ridiculous !

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Post by red2000 on Nov 09, 2021 3:10pm

Who's selling ...ridiculous !

With Nat gas UP roughly 40% in Q4 compare to Q3 !!!???

Please do your DD it's your money !

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Comment by jjgrey on Nov 09, 2021 6:24pm

Why isn't anyone buying is a better question. This company has a great story it needs to be told to the right $$ people. PNE has also got to start paying a divy ASAP. With the tsunami of cash coming its way , I don't know what they are waiting for.

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Comment by Skylar1 on Nov 09, 2021 7:12pm

I also don't understand selling at these levels but the upcoming bullish weather should spike gas and get some interest . We should get some new upgrades from analysts soon as well and we are averaging $5.00 AECO so far this quarter so financially we are doing great. Stock price will follow the money soon. My two cents.

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Comment by TheDukester on Nov 09, 2021 7:28pm

Yeah, they could've payed a div. Wish I had the extra cash!!! The story has a happy 10+yrs. The return of capital thru paying all the debt will be sweet. A-L=lots of OE...for yrs to come.

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