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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 > Keep the big picture in mind
View:
Post by Skylar1 on Mar 15, 2022 8:16am

Keep the big picture in mind

Two years ago this stock was .13 with a low of .05 ,  a year or so ago when it was .20/.30 Mr right again keep saying nobody would buy this stock and kept bashing the company and management of course he was wrong again, Feb 20 the stock was .80 it kept rising with the price of oil to 1.04 . Earnings day oil dropped 10% so the stock in spite of record earnings dropped with the sector , the person who predicted the oil correction that day must be a financial wizzard lol , he should be bragging about his call , oh wait he is bragging.The first of 2022 will be yet another record quarter  over thirty million and gas is and will be in great demand for the foreseeable future . We will have a dividend soon and i expect news on more production as well.  This story is not over by a long shot . GLT LONGS.
Comment by FreeCashFlow on Mar 15, 2022 9:01am
Well two years ago there was not many people buying into the energy complex in Canada . We have an idiotic anti energy government with a hard on for Alberta so I'm sure you and everyone else is amazed these small cap producers survived . As for praising PNE you might as well praise the entire energy complex that dragged the PNE's up with them . Yes PNE is still in business ... amd making ...more  
Comment by GoldenIdle on Mar 17, 2022 4:07pm
I agree with you but I will add ... most governments have been anti fossil fuels . Europe and US especially. At least Canada is building Lng port and pipeline 
Comment by FreeCashFlow on Mar 17, 2022 6:35pm
No all the left wing socialist governments are against fossil fuels ... they are idiots . Shell is building an lng plant . Ten other applicants quit because of Trudeau's feminist based environmental study's that killed every other project . The seven or eight fully completed and operational lng plants that operate out the Gulf of Mexico all started permit process the same time as the ones ...more  
Comment by GoldenIdle on Mar 18, 2022 5:44am
It sure wasn't my intention to defend Trudeau . Building the pipeline was always going to be extremely difficult, with the terrain and all the various vested interests. Do you remember just before Russia attacked the Ukraine there was an attack on pipeline construction causing millions of $$$ damage . Flaming spears and axes were weapons of choice , I think to camouflage Ru$$ian backing ...more  
Comment by FreeCashFlow on Mar 18, 2022 8:35am
From a greedy investor prospective I am starting to think the green energy agenda from the Trudeau and Butts government is actually healthy for Alberta . With no support from our green government and constant threats of ending the entire industry all I see is existing assets getting very valuable with time .  Oil and gas is going higher so enjoy the ride ! 
Comment by mjh9413 on Mar 22, 2022 3:22pm
For me the carbon tax of Trudeau's govt is a cash grab, particularly when it comes to natgas. Their target is easy, adding 2.03c/Gj to every household using natgas thru the gas bill and this when their own report states that they do not expect natgas prodn and use to decline in the next 2 decades, Even beyond 2050 it will be substantial. On top of this you have Provinces like BC stating that ...more  
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