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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
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Comment by zagorskon Aug 25, 2009 10:20pm
487 Views
Post# 16249489

RE: Time to take some profits??

RE: Time to take some profits??                    
           I want to see their next report before deciding anything. 
       
           They recently made a good acquisition at an attractive price. 
         
           They have an active drilling program and have had a great success rate so far. 
        
           I do not see oil coming down very much from here but it could possibly go up a lot. 
        
          Recent buyouts in The Bakken by CPG and GLM.A have been at very attractive prices
          for the seller. 
       
          With a mania seeming to be building in Bakken stocks I am inclined to think the upside
          is much more than the downside. 
                    
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities