Painted Pony Pete Ltd PDPYF

RE:RE:RE:Seriously ...

[Squint1]

It would seem a simple solution is to sell some more land parcels.  Tourmaline just bought some - maybe they or others would have been interested in more at the right price.  That could keep them going.
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Oldnagger wrote: I hear your concerns and I sympathize with your dilemma.However I seriously doubt
that the banks would kill a going concern in this manner and furthermore I doubt very much that they could
given that Painted Pony probably wont need additional financing and that there are other alternatives to financing. The players in Western Canada have always been very creative at financing including farmouts, overriding royalties on production, non bank lenders etc.
Please don't fall victim to the fear-mongering out there.
There are others on this BB who are much more knowledge-able than I and I would welcome their opinion.