Paramount Resources Ltd T.POU

$30 a lay up … $40 ????

[Raymondjames]

Where are uncircumcised and rusty?

[llerrad5]

All time high was $63.86 in 2014. IF we have  longer, colder winter in 2022,  could it reach that price again? The weather forcaster is calling for two more cold artic fronts (afer this one) next week and the third end of next week. How far south will it travel?? It's still early in the season.

[Barnbeezeeeeee]

Well we have 1/3 of the debt and double the production from back then.  I think we only had 110 million shares outstanding at the time though. It's hard to say if we will get there but I would think $50/ share is possible in the next couple of years if oil prices hold out and the USA can resist the temptation to add more production. 

[Raymondjames]

USA Shale is in decline. 

[Robertboblaw]

Im thinking to up my target. We will be ~ debt free next year, tons of free cashflow even after remaining debt is paid off. The market will absolutely love a company with 50% insider ownership; debt free after the market value of our investment portfolio, lots of fcf for rewarding shareholders (special divies ??). Etc etc. So long as commodity prices hold (always watching rig counts, demand

[Raymondjames]

Agreed   

[llerrad5]

If POU reaches $40 then there is no resistence back to $64.00 All in good time. See weekly chart below. Weekly Chart Here

[Raymondjames]

Hopefully they used an anessthic. 

[Raymondjames]

anesthetic