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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
Post by counterintuitive247on Sep 06, 2017 11:37am
111 Views
Post# 26661385

Stagnant share price

Stagnant share priceWhat a drag the pony is. Seems that management has killed any large investment in the company. The trading volume is what the Investor Relations guy speaks to for the continued share price depreciation. I think it's Pat Ward. The guy has not been in line with any promises. Issues a huge equity to purchase assets, cuts guidance after publically talking on BNN and a couple of conferences about their growth.  I hope the guy resigns. He's not cut out to build the company and its apparent by the little investment interest in the company. 

Aside from my rant. 

This is current evaluation is the lowest Pony has been at . Atleast I've seen. So hard to ignore it. Managements decisions are the main reason I believe the market evaluation is where it is at. Only thing that can pull the shares price up. Is natural gas. Good luck to all as we patiently wait for Pat to resign and natural gas prices to climb !
Bullboard Posts