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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 > I need to avg cost down
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Post by PlutusofCrete on Aug 26, 2024 8:11am

I need to avg cost down

MHP and MM - I bought in with an avg cost around $31...looking for a good entry point for  cost avg down....was thinking in the fall shoulder season...thoughts?
Comment by MaterialsMan on Aug 26, 2024 1:41pm
Plutus, POU sems to be waffling between 25 and 35 for about two years now. Seasonality may play a part in the SP, but IMO, geopolitical factors can play a bigger part. If you were to see 25 before the fall, that would obviously be a good price to buy more. It's doubtful that it will go that low again, unless the bottom falls out on gas and oil, so anything below 30 may be the best you'll ...more