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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 > log jam at $2 gone
View:
Post by Rmnewton on May 26, 2022 11:23am

log jam at $2 gone

Next stop on chart clear thru $10.
and revenue up by 220% should be clear sailing now
Comment by zack50 on May 26, 2022 11:52am
LOL... settle down!! Last week you said "if PNE can break thru $2 then there is blue sky above up to the next resistance at $12"... and today the chart shows you "clear thru $10... should be clear sailing now." Not sure what chart or charts you are using but I humbly suggest you might want to disregard them.
Comment by 7Twiggy on May 26, 2022 1:14pm
Rm, you have to be realistic or no one will pay attention to your posts.  Most likely we will see a gradual rise and I see us hitting that 1.25 target after one or two dividends have been paid.  A lot of investors are still wondering if these oil and gas stock prices are real.  Most likely the only reason some of us are able to add at these prices is that some investors that have ...more  
Comment by fieldlevel on May 26, 2022 2:59pm
No this stock is not going to $10 anytime soon, I think we would need to see a doubling of the dividend and potential special dividends to get us to $5 a year from now, all of that would need $8-10 gas for 12 months straight. 
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