Painted Pony Pete Ltd PDPYF

Runaway .........

[topdown99]

Runaway , you remind me of my ex-wife , you are sleepwalking through life with blinders on . Look past the window dressing and see the entire picture . 

As for Pony , Ward needs to get the business expertise that he obviously lacks . Paying down debt must be job number one , otherwise Pony will be stuck with a bill they can no longer cover . While Pony has great assets , Wards behavior over the past few years has seriously jeopardized the companys viability . That lack of business sense combined with disasterous AECO prices have combined to put shareholders in a world class waterfall event . If you can't see or acknowledge these facts , you are doomed to a certain fate which will end badly .

On the other hand , if the federal government falls on non-confidence and the conservatives offer a viable leader who can get votes in the golden horseshoe of Ontario , it is possible to use federal power to get TMX and Coastal Gaslink built . In the mean time , Pony needs to work within the economic constraints that this sector finds itself in . Look at Birchcliff , they announced a bloated operational budget and took a beating . The banks will not jump in to buy shares , instead they will wait like vultures to pick the bones clean . Unless Pony can show they have a sustainable plan that excites some retail and international interest , it will be another long frustrating year for shareholders . Again , this is just how I see it , cold and calculated .