Petrus Resources Ltd T.PRQ

GAs and Share price outlooks

[llerrad5]

The winter top in Natual Gas has occurred in the month of April given a very late ending winter at above $8 validating the long-standing bullish forecast we made over a year ago.

 

A correction into June is expected and we will be looking to reload in this market for a move above $10 by the late fall of 2022.

I will hold my PRQ but have lightened up on others and await a June buying opp.
It's time for some sector consolidation of share prices.
 

 

[topdop]

I don't believed the macro will support this standard and annually applied thesis. Good luck whichever way your pecker points.

[llerrad5]

"I don't believed the macro will support this standard and annually applied thesis." Not sure I follow you on that one. This is not just a guess, but a hedge fund advisor who has been pretty good at calling weather patterns. He called teh coofe rise and all the grains from way back. Rice and Coco dance to thjer own tunes. He called this late winter 1 1/2 years ago. There is a

[geezer21]

Things maybe a little different this year. While gas production is up slightly, natural gas storage is down and rig count is down and most significantly there has been a sharp increase in natural gas being exported to Europe which may keep prices elevated.

[llerrad5]

That's all very true. BUt when I see most Oil svs cos., Gas Cos and Oilllllll co. stocks so overbought it's seldom there is not a correction. It's a healthy thing for the stock market. It seldom just keeps going up and up without a pause. Weall know about LNG ships and plants. Hey, to each his own, I'm simply doing it this way. The Gray's have such a control on PRQ, that they