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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 > Book Value of Junior Companies ? Really zero
View:
Post by MyHoneyPot on May 19, 2021 9:54pm

Book Value of Junior Companies ? Really zero

Headwater resources has a market value of, 900,000 million, 7,000 boe of production, a royality paryment due to Topaz (192,000 acres), 15 million warrent paid to cenvovus.

Guess what you might think Head water with its measly production is worth a lot, but cavalier lands in clearwater are work a lot more. 

I am trying to figure out where they show up on the balance sheet, they really don't.

Add another billion to the share value of POU, the least understood most profitable company in the entire energy space.

IMHO
Comment by Raymondjames on May 19, 2021 11:32pm
Those lands will be monetized soon enough. 
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