Painted Pony Pete Ltd PDPYF

RE:RE:PPY Not Getting The Love

[briliantpebbles]

the deal is driven buy lack of funding at ppy. when you need money you go get it, shareholders be damned. I am sorry you guys are last on the list of concerns of ppy manglement. firts is keeping things going keeping their jobs getting bonus and options and keeping money flowing to ala. you guys are well down the list very near the bottom.

BobTheKnob2 wrote: My feeling on this is it is driven largely by ARC Resources. The people running ARC are smart  businesspeople. The have created a lot of value over the long haul.

According their website they have stated, "ARC has a history of proven performance. Since inception it has paid over 5 billion in total dividends and has provided over an 18 per cent annual return to shareholders."

I notice that some have questioned the short time when the shares become freely-traded. My hunch is that they have no intention to sell into the market once the deal closes, but rather this transaction is setting up PPY to be taken out by a major, someone like Royal Dutch Shell.

We know that Shell has recently just entered into a transcation with CNQ to sell their interests in heavy oil around Ft. McMurray. Shell has indicated that it sees the future, and the future is unconventional oil and gas plays.

The biggest unconventional play in Canada is in the Montney and they have a small small portfolio. What Shell (or some other company like them) needs is economy of scale, and they will get it in PPY which has its fingers in infrastructure through UGR and properties through ARC's and UGR's contribution. If it is Shell it will only expand their presence in both infrastructure and production in Groundbirch and Gundy.

It will be much easier to make a deal for one big package than to try and close a couple of them at the same time. Consolidation is coming to the Montney and there is a lot of deep pocketed financial interests that are already there. This will be the either the big kahuna or it will be swallowed by a bigger kahuna.

There will be payoff for everyone and my feeling is that the bottom is in or it is close to the bottom. I suspect there will be some good announcements with PPY in the near term. They will be the type of announcements that will cause halders to forget the dilution that has happened as a result of this transaction.

Just a hunch.