RE: RE: RE: RE: RE: RE: Susan is a kid in a candyI wonder who IS storing Gas??? 3rd parties? or is it just PMT? as far as I am concerned... it's a moot point... as far as Agenda goes... MY only agenda is to offer a counterpoint to what I view as an overly optimistic PMT future... I stepped in here 2 years ago...when all you folks could point at was a rosier gas price...at that time I indicated that PMT's future was NOT so rosey...at that time... y'all were okay with share price...production... espousing the JOY of PMT's dry gas production...and the pennies/share you were getting in Dividends...at that time... I wrote that PMT had some serious headwinds making the move from Trust to Growth oriented Corp... wrote that Debt... and production profile was going to lead to some corrections in share price... and YOU folks... spouted the imminent increase in NG pricing... that a turn around was about to hit...
and NOW... y'all... are all about selling assets... into a market where...no one is really interested... why spend to store... when all you have to do is turn the valve... and fill the pipe with some nitrogen to keep it ready...and So... sell this asset... sell that asset... perhaps somneone could explain how parting out a company is going to increase value??? and then there's the little gem about the fabled Bitumen and potential Oilsands... HAVE you seen where the Juniors are at? With the current value of Light sweet down almost 20%... you can bet your bottom dollar that Heavy Oil differentuials are making that play... quite a bit less desirable... ONCE again... simply a case of PMT reacting rather than being PRO active...
MY message has been constant... I have niether flipped nor flopped... CAN you, Shammy say the same... what I have seen is a steady decline in share price as YOU swing from one last straw to the next... trying to find one glimmer of hope as the previous one fades...
and I have said this all along... PMT has assets... solid upside...and good prospects... SO... WHY is the SP where it is???
It isn't MY fault... My only agenda is to offer a counter point...do with that as you will ...
it's MY opinion git yer own.