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Bullboard - Stock Discussion Forum Petrus Resources Ltd T.PRQ

Alternate Symbol(s):  PTRUF

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... see more

TSX:PRQ - Post Discussion

Petrus Resources Ltd > I would classify this as a...
View:
Post by topdop on Oct 03, 2024 11:05am

I would classify this as a...

....breakout, but with a small "B".

Market maker CIBC looks to be doing a decent job here moving the issue a penny a day, or so, over and over.

We need to move back past the Annual High and close above that ($1.65) and I have confidence we will do just that.

Macro issues in the Middle East is the high-tide raising all these energy "boats". 

I added more to already large position(s) because I saw a double from $1.30 level this next 8 months.

We are well on our way and I believe a Breakout will ensure that target is achieved.
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