OTCPK:PDPYF - Post by User
Post by
Runaway1492on Jun 05, 2019 9:42pm
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Post# 29801550
Peaks and Valleys
Peaks and Valleys I'm encouraged when looking at Pony's long term chart. There's many dips down and thrusts upwards. Even the most recent jump from the low 1's to 2 bucks shows how quickly this share price can change. Pony is well capitalized with a reasonable annual spend. Give it some time and the share price will shoot up again based on a number of factors such as a good earnings report, the new pipelines getting built in the Montney, a change in government, natural gas moving up on seasonal demand, the lead up to CGL getting built etc. There's a lot of fear about junior ng producers going bankrupt right now. Pony is nowhere near bankruptcy. Now is a good time to average in.