PetroFrontier Corp V.PFC

Majorly Undervalued

[Cricketman1]

PFC's two oil plays are at Cold Lake and Wabasca in the Clearwater region Alberta. Thie Clearwater region (see Baytex, Canadian Natural Resources and Tamarack Valley) is the most productive and economic oil region in all of North America - per Eric Nuttall today on BNN Market Call.
Last week Tamarack Energy (TVE) purchased 10 years of drilling inventory from Delta Stream for $1.1 Billion. Nuttall advised that TVE wells require no fracking and have a total payback in just over 1 month at US$100 oil. This is an amazing payback / return.
PFC's market cap today is less than C$19 Million. Yes they are waiting for financing - see Rhino Energy announcement March 8, 2022.
But what am I missing here - this has to be a very high value play.
Check it out and do your own due diligence for what appears to be an outstanding opportunity. Good luck to all.

[texholdem]

Important to understand very different plays.  PFC is in heavy oil using CHOPS with initial flow rate perhaps 35-65 barrels per day. I am not an expert but I do know Clearwater plays are very different and not comparable to PFC. This oil is worth much less. PFC needs financing which has obviously been hard to come by. Hard to get things done because of shortages everywhere and costs have sky

[texholdem]

[TheodoreVeiss]

Great post Cricketman1 - these folks are surrounded by money; the major shareholders are significant people and capital is pouring into fossil fuels. Every set of circumstances the company has faced over many years has been used as an excuse for a grossly low market cap. When circumstances change such as now with oil so high - they use other circumstances to defend the even lower market cap