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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 > Yea I’m buying.
View:
Post by Raymondjames on Jun 23, 2022 1:15pm

Yea I’m buying.

Can't wait for rustic to say he shorted it .. blah blah
Comment by Raymondjames on Jun 23, 2022 6:43pm
Where are you Delvsome?
Comment by dselvonm on Jun 23, 2022 8:03pm
Still holding.....
Comment by Vince64 on Jun 23, 2022 8:17pm
Ditto. Was going to purchase more today, but did not. Brutal. Didnt think we would see below $30.
Comment by Raymondjames on Jun 23, 2022 8:23pm
Right across the board. 
Comment by Vince64 on Jun 30, 2022 8:02pm
Hopefully POU purchased their maximum daily NCIB allowance today, and will continue to do so in the coming days/weeks. The volume may suggest same. A question for Raymondjames, how will this most recent NCIB affect regular/potential special dividends in the near term? Clearly the POU share price is disconnected/undervalued, as of today. Thanks.
Comment by Raymondjames on Jun 30, 2022 10:15pm
I think Specials will be deferred to the end of q3. Given the recent whitecap purchase of xto, I'm thinking pou may also be on the hunt for a small  tuck-in but no idea what ...   We will be awash in $$$ in the second half and next year. 
Comment by Raymondjames on Jun 30, 2022 10:37pm
The regular dividend will remain and, I hope, bumped higher but we are cheap right now. I think buying back here may be the highest best use of cash notwithstanding I want higher divvy. 
Comment by Vince64 on Jul 01, 2022 5:02pm
Agreed. Thank you Raymondjames.
Comment by Vince64 on Jul 01, 2022 8:32pm
I am also at sea Raymondjames. Isn't WTI currently hovering around $110 USD? Risk off or not, still mind boggling. Looking to add to my vintage car collection by July/August 2023. I will bide my time and continue to accumulate cheap POU shares. It is both fortunate, and unfortunate, that companies (in our context) have to announce regular/specials dividends for those holding shares by a ...more  
Comment by Vince64 on Jul 01, 2022 8:57pm
Any of many 1960's Jaguar E- type models. Solid.
Comment by Canstamps53 on Jul 04, 2022 4:27pm
Had a '63 E-type roadster when I was younger.....was a lot of fun but still loved my '65 Healey 3000 Mk3 the best...
Comment by Vince64 on Jul 05, 2022 6:12pm
Very nice, on both!
Comment by Vince64 on Jul 05, 2022 6:16pm
I am hopeful that those of us still holding and staying the course will be rewarded in the next 3 to 6 months.
Comment by Raymondjames on Jul 05, 2022 6:27pm
I bought January 2023s and 2024s. Also march 2023.  Looks expensive now but oh baby...
Comment by RusticHit on Jul 08, 2022 3:13pm
Hahahahahahaaaa  Ray taking on chin Bravely as i told you  i was short at Top correction was to happen as always ,,was in Calgary  Area for couple of weeks likes the city  Very Open and wide  Cheap to Live there with Less taxes cheap houses but Down town is still Dead  as far Energy trade i think it is over .
Comment by Raymondjames on Jul 08, 2022 4:42pm
Rusty - I'm going to own 5% soon 
Comment by dselvonm on Jul 11, 2022 7:22am
Good thing your're buying, you'll have some low prices today. I predict at least a two dollar drop.
Comment by RookieReturns on Jul 11, 2022 10:14am
My question is when will the decline stop and turn around again?
Comment by dselvonm on Jul 11, 2022 10:15am
3-4 trading days before earnings.
Comment by RusticHit on Jul 11, 2022 12:34pm
down 5% more than any other O&G  index is down 2% not looking Good .
Comment by Raymondjames on Jul 11, 2022 4:06pm
Sell sell sell. 
Comment by dselvonm on Jul 11, 2022 7:45pm
Earnings Tues Aug 2nd before open.
Comment by Barnbeezeeeeee on Jul 11, 2022 11:29pm
Will there be a divvy increase ??
Comment by Raymondjames on Jul 12, 2022 12:02am
Q3 for sure 
Comment by dselvonm on Jul 12, 2022 6:15am
Under 25 today...
Comment by Raymondjames on Jul 12, 2022 8:15am
Sell 
Comment by RusticHit on Jul 12, 2022 12:20pm
Yup 18-20 when oil drops to 90
Comment by RookieReturns on Jul 12, 2022 4:33pm
So Rustic, you're saying that POU is worth less now in July than when oil was previously trading at $90 in January? January of this year had POU prices around $24-26, how have the fundamentals changed to lead you to devalue the stock by an additional 20-25% from that previous value at $90 WTI? I don't follow, please help me out. 
Comment by Raymondjames on Jul 12, 2022 5:52pm
I know there are doubters about my buying more but check out March 2023, June 2023 and January 2024.
Comment by Raymondjames on Jul 12, 2022 10:17pm
Pou is a $50. Don't give a rats behind what the fast money does. Keep selling.  I'm buying. $1.20 divvy and going higher in q3 or q2 givens the current macroeconomic environment.  Who would want to take on debt to take out another company? Stay the course and keep giving me cash. Screw those who don't want a piece of this gem.  Rusty - don't worry about me. I'm ...more  
Comment by dselvonm on Jul 13, 2022 3:00am
Make money on the downside...if you are so confident you would not need to hedge your bets.
Comment by Raymondjames on Jul 13, 2022 10:36am
I'm confident but the market is filled with idiots. If someone want to pay me $4.60 for a January $50c ... what can you do. 
Comment by RusticHit on Jul 13, 2022 11:04am
if you are really 4-5% holder here that is hard to believe what you are doing here with traders  ,screen shot  the truth otherwise you are just normal trader or bag holder ,,,,,,
Comment by Raymondjames on Jul 13, 2022 2:10pm
Rusty - bet? Put some of your money where your mouth is?
Comment by Raymondjames on Jul 13, 2022 2:22pm
Ps - how many shares of pou do you have -1000? 10000? 100000+? 
Comment by Raymondjames on Jul 13, 2022 5:00pm
Rusty - I'm a betting man. Come on crocodile arms. 
Comment by RusticHit on Jul 13, 2022 1:34pm
Rookie its all about Sentiments of Market and stocks tahts how Boom and  Bust happens Oil stocks were high flyers for long time but now they are in Dump mode more over Pou is dog now look at today down again when others are Green ,sentiment could change close to earnings which is abt two weeks left but don,t expect these stocks to go to highs again 
Comment by Raymondjames on Jul 13, 2022 3:26pm
Rusty - you never learn 
Comment by Raymondjames on Jul 11, 2022 4:05pm
Earnings in August so 3 weeks. 
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