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Bullboard - Stock Discussion Forum 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... see more

OTCPK:PDPYF - Post Discussion

Painted Pony Pete Ltd > last bid price .67 ask price .72 what a scam by brokerages
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Post by stock1000 on Aug 07, 2019 4:42pm

last bid price .67 ask price .72 what a scam by brokerages

I hope the short sellers go to to u now where their destroying companies and creating volaitility.  This is a good company with alot of good natural gas land and good fundamentals.  The brokearges promote and than lower there targets what abunch of scammers.!!!!!  Ward make a statement instead of sitting there like a u know what!!!!!!!
Comment by Runaway1492 on Aug 07, 2019 5:15pm
The company has potential in the long term due to LNG Canada but has some near term challenges regarding debt, AECO pricing and a glut in North American gas. They will continue to lose money in current conditions and those conditions aren't changing soon. Looking to sell acreage in this depressed environment isn't a good sign and could be tied to debt coming due in 21 and 22.
Comment by dalerules88 on Aug 08, 2019 3:06am
surely some land sales would help the balance sheet, but also they would set a precedent for overall valuation so I'm guessing  part of the reasoning is to set a price range in case of any takeover bids;  as for AECO, if alta changes the rules, that would help but regardless, AECO forward pricing has actually been firming up lately and storage does not look all that full either, so I ...more  
Comment by projectleopold on Aug 08, 2019 11:10am
This post has been removed in accordance with Community Policy
Comment by projectleopold on Aug 08, 2019 11:11am
This post has been removed in accordance with Community Policy
Comment by dalerules88 on Aug 08, 2019 2:33pm
who's gonna buy their lands? somebody with a longer term vision than "the next quarter" my fear is it will be private equity; maybe not the land, but the whole enchalada; I'm tired of deals like Spartan, NovaChem, and few others where we got few percent premium instead of simply waiting ..
Comment by projectleopold on Aug 08, 2019 6:14pm
This post has been removed in accordance with Community Policy
Comment by Don2018 on Oct 20, 2019 8:27pm
Stupid post of the year
Comment by barneyj44 on Aug 07, 2019 7:43pm
Ward doesnt field questions from current shareholders, notice he never has conference calls. He’s going to present at the Enercom conference in Denver, maybe that will help but not holding my breath, from past experience the stock usually sells off whenever he opens his mouth.
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