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Bullboard - Stock Discussion Forum
Petrus Resources Ltd
T.PRQ
Alternate Symbol(s):
PTRUF
Consumer Cyclical
Energy
Advertising Agencies
Oil & Gas E&P
Petrus Resources Ltd. is a Canadian oil and gas company focused on property exploitation, strategic acquisitions and risk-managed exploration in Alberta. The Company has an inventory of low-risk oil and natural gas development assets in its Ferrier, North Ferrier and Thorsby operating areas. Its core area, Ferrier, is a resource play. The Ferrier is a liquid rich Cardium gas play. North Ferrier...
is an extension of its core Ferrier area. Its Thorsby asset is located in the central part of the province. Its properties, located in the foothills of Alberta, are a more minor area for the Company. The Company is also evaluating Kakwa, an early-stage Dunvegan oil play, for potential further long term development.
see more
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TSX:PRQ - Post Discussion
Petrus Resources Ltd
> Finally….
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topdop
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Post by
topdop
on Nov 08, 2023 6:35pm
Finally….
I think the market forcing the shares down and bigger holders hammering it to get out in light of very low volumes and all since the one off 3c divvy was announced, tells you the whole story…
(32)
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topdop
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Comment by
topdop
on Nov 09, 2023 10:42am
... meaning the BoD & C.Suite that formerly talked about the chance of a divvy soon, messed up with the declaration of - only - a moderate Special Dividend. Seems the BoD *scramble* happened soon thereafter as very obviously, the stock went into a deep dive "not getting what it was promised" trading around ~$1.60 when the Special divvy was announced to just ~$1.18 earlier this week.
...more
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