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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 > Should Have sold all my shares at .30
View:
Post by rickflair on Jul 15, 2024 7:24pm

Should Have sold all my shares at .30

I have my shares since 2019 and I bought them at around .025, .03, .04........
I thought the stock was going higher than .40 but then they did not win in court and did not receive money to pay down their debt.
PCEP put alot of money in this and I expect them keep going.  But we never know.

Good luck guys.
Comment by filefish on Jul 15, 2024 9:04pm
Yes, losing the NAFTA legal battle was the event that caused many to fold their shares. I sold some at .24 but bought a lot more back at .09  Didn't have the guts to buy at the time  when it was .03. It must be difficult to hold that many shares and see the Company's mismanagement over time destroy your investment. I am resolved to losing everything but with PCEP's ...more  
Comment by SilverSam on Jul 15, 2024 10:01pm
The good news, Rickflair, is that if you bought most, or all of your shares in the price range you list in your comment, you can still get out without taking a loss.  A lot of shareholders were badly burned by holding on after buying in at much higher prices.  I averaged down myself around the time you did, and ended up selling a good chunk of what I had for a profit as well.  But ...more  
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