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Bullboard - Stock Discussion Forum Prairie Provident Resources Inc T.PPR

Alternate Symbol(s):  PRPRF

Prairie Provident Resources Inc. is a Canada-based company engaged in the exploration and development of oil and natural gas properties in Alberta, including a position in the emerging Basal Quartz trend in the Michichi area of Central Alberta. The Company has 167,869 net acres in its Michichi core area with approximately 40 Basal Quartz potential drilling opportunities targeting light/medium... see more

TSX:PPR - Post Discussion

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Post by Stage-2 on Sep 07, 2021 12:00pm

Tax losses

What is the value of PPR tax loss pools?  Would it be fair to say 10-20%?
Comment by Justhalffull on Sep 07, 2021 3:16pm
Have no value unless they are taken over.  By their own estimates, their tax losses on future earnings plus tax pools will ensure they do not incurr cash income tax expenditures until at least 2072.    If they can generate income, that's great, at least we won't have an income tax to pay.