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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

Bullboard (OTCPK:PDPYF)

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Comment by queseaon Sep 09, 2020 8:57pm

RE:Management gets a $5.3 million signing bonus

Should be Criminal actually, but this is still the ASE. With a conservative government to boot.  What's going to happen to Crew ? kc
Comment by Oldnaggeron Sep 09, 2020 6:09pm

RE:Management gets a $5.3 million signing bonus

The independant committee is not that independent, two of them were previously employed by TD. Others were brought on board by the Chairman
Comment by Oldnaggeron Sep 09, 2020 6:06pm

RE:RE:Chinese wall

As many stated before, how can anyone be expected to vote without knowing if or by how much the banks will extend credit . Then for the TD to issue a fairness opinion without this condition being ...more  
Comment by Oldnaggeron Sep 09, 2020 5:57pm

RE:RE:Fairness report

In all my years I have never experienced anything like this. I am fuming with disillusionment. Not a good time to make a decision. But my thoughts have darkened considerably. Not just about Painted ...more  
Comment by Ridgebackon Sep 09, 2020 5:22pm

RE:Chinese wall

At the Meeting, Securityholders will be asked to consider and, if deemed advisable, to pass a special resolution (the "Arrangement Resolution") approving the previously announced transaction ...more  
Comment by roscoe74on Sep 09, 2020 4:37pm

RE:Fairness report

After reading the IC, my opinion is that its a done deal @$.69. My only comment is 'take the money and prosper'.
Post by Oldnaggeron Sep 09, 2020 4:37pm

Chinese wall

TD bank both lead financier and author of fairness report? It looks like we just got invaded by the Mongols.
Post by Oldnaggeron Sep 09, 2020 4:04pm

Fairness report

 Out on Sedar (appendix D) made by TD (who have business dealings with both Painted Pony and CNRL) Based on conditions prevailing on August 9 I cannot find any detailed info concerning their ...more  
Comment by roscoe74on Sep 09, 2020 1:54pm

RE:RE:RE:Lousy management

Can't disagree with that. Info Circular and proxy forms out on Sedar now. Further to my remarks on share volume, this am a sale of 93k @ $.69 and a sale of 250k @ $.685. What reasoning is ...more  
Comment by roscoe74on Sep 09, 2020 12:55pm

RE:Lousy management

The delay in release of the Information Circular may be as simple as the effects of Covid working rules. I doubt there is any tactical advantage to be gained by delay. Share volumes indicate ...more  
Comment by barneyj44on Sep 09, 2020 10:46am

RE:Lousy management

That's what I was thinking , I haven't received anything as of yet from Ward and his inept team. 
Comment by Oldnaggeron Sep 09, 2020 8:50am

RE:LNG exports

Celsiusenergy.net
Post by Oldnaggeron Sep 09, 2020 8:06am

LNG exports

Now at 6.365 Bcf per day yet no news on Cameron which was laid low by Laura. See Calsiusenergy.net for details.
Post by Oldnaggeron Sep 09, 2020 6:15am

Curious and Curiouser cried Alice

July 30 Painted Pony announces extension of syndicate lines at 325 million til Aug 31 Aug 10 Painted Pony announces takeover by CNRL So what happened between the two dates ? Forward futures prices ...more  
Post by Oldnaggeron Sep 09, 2020 1:17am

Hypocrites

See CNRL September presentation page 23. They brag about lower debt levels in terms of dollars per BOE of proved reserves compared to their peers. Their number is 1.50 USD per BOE. Painted Pony' ...more  
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