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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

Post by Oldnaggeron Aug 19, 2020 3:47am
181 Views
Post# 31426676

Further reflection

Further reflectionI will stay in this game till the end. However, If it turns out that powerhouses like CNRL are allowed to plunder the Junior space without any scruples then they are sending a message to the rest of the international industry to do the same. Backed by a weak and corrupt federal government there is absolutely no protection for anyone.
Thus if the takeover suceeds I will take the cash and wait till I decide where to invest elsewhere.
Furthermore I am seriously considering on dumping my holdings of CNRL for ESG reasons
Right now I am waiting to see if they will return with a serious offer.
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