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

Add To Watchlist

TSX:PNE - Post Discussion

Pine Cliff Energy Ltd > How Low Can It Go :))

View:

Post by FreeCashFlow on Dec 09, 2021 12:58pm

How Low Can It Go :))

At . 56 cents you can Kiss your dividend good bye and kiss any acquisitions good bye ... what happened ?

113

Comment

Comment by Scotchlight1001 on Dec 09, 2021 1:11pm

What was the volume. at 0.56? I suspect it was quite low. What happened was the price of natural gas stopped going up.

Comment

Comment by Skylar1 on Dec 09, 2021 2:51pm

Volume at .56 was around 50,000 shares , somebody got a deal . Spot AECO around $3.50 Monday , Tuesday , no report out for Wed or today . PNE always beats spot and i believe they pre sold a lot of Dec gas around $5.00 that is the way they normally work. New covid scares the market ,Biden selling oil and warmer that usual start to the winter in USA , drawdowns are bigger than last year last ...more

Comment

Comment by Skylar1 on Dec 09, 2021 2:56pm

Don't panic Freecashflow , you'll give yourself a heart attack.

Comment

Comment by FreeCashFlow on Dec 10, 2021 8:24am

I'm still up on this one so I'm not panicking and I'm not having a heart attack . I'm just amused . How low can it go before the Phil's and George decide to biy back their own shares ?

Comment