OTCPK:PDPYF - Post by User
Comment by
lifeundergradon Sep 05, 2014 4:02pm
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Post# 22911205
RE:RE:RE:More BC LNG
RE:RE:RE:More BC LNG Is PPY the first company you've invested in whose l/t success is tied to a much larger project? Look at RDS or Conoco and their plans to build a pipeline from the north. What happened?
What about the North slope project in Alaska? Or the Utica lowlands in Quebec? Ask John Carruthers how things are going with his project today. This is all within the last few years. Funding, politics, environmental laws, market environments, demand - they're all subject to change. Look no further back than 2008. The only certainties are PPY's massive reserves and growth potential, which are priced into the stock right now.
It kills me - the difference between the s/p and the target isn't coincidental, but there are so many people here getting hot under the collar whenever discussions about the discrepancy come up.
I think our S/P volatility tells us everything we need to know about how certain the people who actually move the needle are. It's looking good, but there's a lot of distance between us and $22.