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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

Prairie Provident Resources Inc > RISING OIL PRICES...
View:
Post by SilverSam on Apr 12, 2024 9:20am

RISING OIL PRICES...

The higher prices are not helping the share price of this company at all!
Comment by filefish on Apr 12, 2024 10:15am
With the debt wall PPR is facing in 75 days, rising oil prices are coming too little , too late. The Board of Directors need to strike a deal with the Lender or merge the Company between now and then. Share trading is very light, so there is no telling what is going on behind the scenes.
Comment by SilverSam on Apr 12, 2024 11:34am
Even laggards like PPR might make a move next week if the Middle East explodes this weekend.  For the sake of all of us, let's pray that does not happen.  Just the same, it's good to have an insurance policy on hand, should the worst-case scenario play out.
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