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Bullboard - Stock Discussion Forum Parex Resources Inc T.PXT

Alternate Symbol(s):  PARXF

Parex Resources Inc. is a Canada-based independent oil and gas company in Colombia, focusing on sustainable, conventional production. The company is engaged in the business of the exploration, development, production and marketing of oil and natural gas in Colombia. The Company is focused on development in two main basins: Llanos and Magdalena.

TSX:PXT - Post Discussion

Parex Resources Inc > Now that I realize Book Value is around $27 CAD
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Post by CrazyTrader on Nov 08, 2024 6:13pm

Now that I realize Book Value is around $27 CAD

I'm all for Buybacks at current share price.   Before I didn't realize that reports were in USD.   

It's a win win situation here on share price direction.   I prefer UP, but if it doesn't go up it's a WIN for Buybacks!  

The Value of PXT shares are going to go up EXPONENTIALLY...... if you understand what happens as share count gets smaller and smaller.
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