Pine Cliff Energy Ltd T.PNE

Natgas under pressure

[mjh9413]

And not helped by Biden's moratorium on even started LNG export facilities,  If lucky enough to have 90cent average cost from buying when it was a certain riser that's a current 14% yield with room on the sp downside. Only question is when to sell in anticipation sp bound to come down as we see temps into february/Apr, which EC says (with some caveats) will probably be above, with probability lower (AB, SK and parts of BC) less than 20%. Weather Network also predicts above average for western canada, and even below normal precip, so cud be another fire season. Plus we have carbon taxes going up on April 1st. Feds really turning the screw on fossil fuel prices, with 5% GST also added to Carbon tax amount. They have no idea what a dangerous scenario they are leading Canada into as they seek to mke electricity the only "fuel".for most transportation and heating.

[mjh9413]

..and then there is trudeau/guilbealt, archtitects of the carbon pricing policies they have beset us with, saying no new natgas electricity generating plants...architects means they have some skills, so change that to poor planners of policy...of course, politicians!!. We need to wean off fossil fuels but there has to be some mix, not pray Mother Nature, cybersecurrity risks, war will never

[MrT2020]

Production is too high ... storage is full . So drilling is shutting down as we speak and the next 12 months will be brutal for Pine Cliff and Birch Cliff . Dividends will be hard to justify

[kavern23]

Yep you are correct. Things are mispriced so bad compared to fundamentals right now. brutal winter weather wise...too warm