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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 quantities of carbon dioxide) with no associated or underlying water. The company also has multiple gas pr


OTCPK:PDPYF - Post by User

Bullboard Posts
Comment by lifeundergradon Sep 19, 2014 12:43pm
209 Views
Post# 22952525

RE:shamwow and lifeunder

RE:shamwow and lifeunderCheck your ego, son.  Nobody with half a brain is being mislead by anything here, this is just food for thought.  One might even call it a "forum" for discussion.

It has taken NG years to reach this current price point from 2008, I had to sit and watch the rig counts drop while the market recovered before plays like PPY became attractive again.  If we maintain course, I think our targets are actually low - the upside potential is...well, we'll never see it.  We will get bought out once things are derisked because the reserves are huge.

In the meantime...tell me that there's no market risk, that we don't face a double dip as we push record highs again, as dot-com IPO's go crazy yet again, as interest rates sit at historic lows, inflation doesn't budge, and the fed debates rate increases.  What happened to the Euro crisis?  Is that all good?  If you see no risk to NG prices or market demand between now and when LNG comes online, do me a favour and pass whatever you're smoking to the left.

My point is - yes, the US is building the plants, but they're not built.  Our gas is not leaving the shores yet.  Yes there's domestic demand, but it won't make us rich.  We obviously can't predict market behaviour, but we can look at the smaller issues that stand in our way....

...or we can stand in a giant circle-J and fill this board with praise for the management.  You're mistaking criticism for a belief that it won't succeed.  Even A+ students get comments on their papers on how they can improve.  Do I need to break out the sock puppets to explain, or have I gotten through about why I'm being critical, and welcoming criticism?
Bullboard Posts