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Painted Pony Pete Ltd PDPYF

Energy
"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

Painted Pony Pete Ltd > re bankruptcy would be kinder . . .
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Post by Indicatoron Aug 24, 2020 4:06pm
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Post# 31447322

re bankruptcy would be kinder . . .

re bankruptcy would be kinder . . .How so? In my very limited experience with bankrupt public companies, common shareholders are last on the list and frequently come away with nothing.

If I may play devil's advocate (please rebutt)  ...  even with rising NatGas prices the buzzards know there is substantial blood in the energy patch streets (no gov bailouts to had), reportedly with 100 other energy companies at some risk of bankruptcy. 

Your thoughts?
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