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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 > POU in Light of Recession
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Post by RookieReturns on Jul 06, 2022 10:27am

POU in Light of Recession

So for those of us that are standard buy and hold investors, what are the thoughts on POU given the recent reversal of fortunes (literally) and oil prices dropping and the energy sector as a whole taking a dive. Are people updating their targets and forecasts given the change of economic environment?

would love MHPs thoughts, haven't heard from the Profit in a while.
Comment by dselvonm on Jul 06, 2022 10:46am
Down 250k....
Comment by dselvonm on Jul 06, 2022 10:47am
and counting....
Comment by dselvonm on Jul 06, 2022 10:50am
Jeez... Paramount, how about buying back some shares...
Comment by RookieReturns on Jul 06, 2022 11:49am
I'm hoping for the buyback as well. Maybe they know something we don't and are waiting???
Comment by Raymondjames on Jul 06, 2022 4:53pm
I've been using my own ncib
Comment by Raymondjames on Jul 07, 2022 5:29pm
Nothing wrong with pou. Sell off was ridiculous. Take advantage of other's stupidity. Fortunes to be made here.   I demand destruction until $187 wti. Recession fears and impact on demand overblown. Listen to me or follow the talking idiots. Your call. But i have added another 200k in this recent selloff. Been through this rodeo several times now. Buy and stay long. 
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