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Painted Pony Pete Ltd PDPYF

"Painted Pony Energy Ltd Petroleum explores, develops, and produces petroleum and natural gas. The company focuses on the development of natural gas and natural gas liquids. The company's operations take place near the Montney formation in Northeast British Columbia. The Montney location is a sweet natural gas-saturated zone (natural gas that does not contain hydrogen sulfide or significant quantities of carbon dioxide) with no associated or underlying water. The company also has multiple gas pr


OTCPK:PDPYF - Post by User

Bullboard Posts
Comment by briliantpebbleson Mar 20, 2017 2:59pm
88 Views
Post# 26003474

RE:So are they stupid, evil, or know something we don't?

RE:So are they stupid, evil, or know something we don't?they know about much as any random person posting here knows. and that's the truth so help me lord. Beliving they know some secret about LNG is believing in FAIRY TALES. 



Indicator wrote: 1) Definitely not stupid,  but they do have a penchant for swinging for the fences
(e.g. selling light oil in Sask and going all in the Montney)

2) Evil?  on the surface, this deal does look like they've gone down the couldn't-care-less-for-shareholders-and-fill-your-own-boots-with-loot road, but ......

it's spring time and hope spring eternal ... lol

3) maybe just maybe, they know the Montney gravy train is about to arrive, in the form of LNG.

I far prefer the surer thing, non-dilutive way it was with a higher short term target price, but looking back at their track record of clean balance sheet and focused risk, it's hard not to go with the latter hope-springs-eternal grand slam LNG possibility.



Bullboard Posts