Clearwater
POU is quietly trying to keep the lid on this one, however its not working the play is simply moving to fast, and the flood gates are about to bust open.
If you talk to management, they simply say clear water is in its early days, it is an emerging play, however if you peek under the covers there are 3 geologists feverously mapping the play, participating in land sales, winning the land sales that are strategic to them, while allowing other peoples money to develop out the play area with smaller parcels they declined to bid on. They have left some scraps for the scavengers. (A Christian thing to do)
This is the kind of high stakes poker game, JR is playing, if you ever see him take his sunglasses off you might get a glimpse of the real objectives he is pursuing.
All the chips are In, that is the way the Riddel Family plays the game, and Clearwater is front and center the current hand that he is playing but he won’t tell anyone, even his mother. JR’s cards already looks like a royal flush. However, you do not see it on their POU’s top play list, buts it is there just written in invisible ink.
Cavalier Land have been paying 2.5 million annually for some time now, the keep this prized clearwater asset under wrap is royalty and lease hold fees.
Peters and Co, rates Clearwater and the Top play in North America for well Paybacks – (None Better) This may be why they rate Paramount as the #1 oil and gas pick.
How do you protect the Clear Water asset from speculators, you purchase a few more convertible debentures, you clean off the balance sheet, you reinstate the NCIB. The Riddell’s have position themselves to tighten your control on Paramount.
Peter and Co determine Clear Water wells as the Fastest Paying back wells in North America
It is early days for POU, and this stock is a gold mine, we will be $20 dollars by the end of the year, but the upside potential of this stock is unlimited. The only risk it that the Riddels may take it private. This is a $50 dollar stock, and POU moment in time has come.
Investors like Raymond and myself have been holding for years, now we are about to get the big payoff.
IMHO