Prairie Provident Resources Inc T.PPR

Buzz on the Bullboards: Bombardier, world woes, a smart fridge, and top shelf weed

[Jonathon Brown]

A highlight of the week was Bombardier (TSX:BBD), which reported impressive growth in its Q3 2024 results. read article.

[SilverSam]

Even if the wells are only mildly successful, the company needs to keep drilling in order to generate income.

[filefish]

Wells are due to be on production 10 days from now according to the press release. Will we get an operations update from the Company? In Prairie Provident's Michichi core area, two horizontal

[Jakarta1]

This company and it's investors have been through, hopefully we're due some good fortune with these wells. Other players have had success in the area.

[filefish]

Any slight uptick in the price above .03 will be an indication of positive drill results in advance of formal announcement. 

[SilverSam]

And so we await....

[PressRelease]

CALGARY, Alberta, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") (TSX:PPR) announces its financial and operating results for the three and nine months ended September 30, 2024. The Company's condensed interim consolidated financial...read article.

[SilverSam]

Yes, they were distributed some time ago.

[filefish]

Has anynone received their executed Rights shares in their broker account yet? 

[SilverSam]

Glad to see that Shyba is still fully committed, although I was expecting him to average down his cost, so in that way, it is not really a surprise.  Now we have to sit and wait for the drilling

[filefish]

Nice to see the Directors put up their own money to exercise rights. Filed 2024-11-04 20:52   Tx date 2024-10-30 $PPR Prairie Provident

[Jakarta1]

It all comes down to the BQ wells. If they prove they can do it, it changes everything. That's what everything hinges on now. Good luck everyone.

[filefish]

Sure, its a posibility, albeit a small one at this point, at least until the new wells are proven up. Are profitable companys allowed to buy others who are losing money, just for their tax pools

[SilverSam]

This is a bit of a longshot, but cannot be entirely dismissed either. The company has just been refinanced.  They have millions in tax credits from which a potential suitor could greatly benefit

[filefish]

PPR is essentially a "private company" in the hands of PCEP (80+% ownership). It will be their choice whether or not the Company does a share consolidation. If they reverse split, I am

[rickflair]

Hi, I know what a RS is.  For example at .03 ; a RS of 100 to 1 will be $3.00. If PCEP share cost is .07 well they need 7.00 to come out even. Once the shares are at $3 USUALLY they will decline