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Bullboard - Stock Discussion Forum Paramount Resources Ltd T.POU

Alternate Symbol(s):  PRMRF

Paramount Resources Ltd. is a Canada-based energy company. The Company explores and develops both conventional and unconventional petroleum and natural gas. It also pursues longer-term strategic exploration and pre-development plays and holds a portfolio of investments in other entities. Its principal properties are located in Alberta and British Columbia. The Company's operations are organized... see more

TSX:POU - Post Discussion

Paramount Resources Ltd > double double
View:
Post by MyHoneyPot on Feb 03, 2021 9:47am

double double

NVA stock has now doubled from the 61 cents POU purchased it for. 

I am sure that Waterous is sitting there having a heart attack about what they are going to have to pay our POU, the origional evaluation way 170 million, they gave us 45 million, any guesses regarding what the outstanding 125 million will be settled at. 

IMHO
Comment by Sugaree on Feb 03, 2021 10:02am
Hard to say as I really don't have a clue how these things get settled. Who do judges and arbitrators favour in similiar situations? I would like to know when it could be settled, from what I know of the court system, could it take years though stalling tactics? Or is the process well under way looking to be settled in the next few months. As well, assuming we win, is Waterous liquid to pay ...more  
Comment by MyHoneyPot on Feb 03, 2021 11:09am
Its is becoming a good enviroment to ask for your money back, i think Waterous does not want this lawsuit hanging over its fund, may look bad. IMHO
Comment by Sugaree on Feb 03, 2021 12:53pm
Of course, let's hope they have $100m plus in liquidity to hand over. Believe me, I am long and strong POU, just being conservative. Sorta like your $7.00 end of week, I think you made a typo and meant $8.00 lol.
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