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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 TripleR44on Nov 12, 2015 5:16pm
106 Views
Post# 24286699

RE:ppy

RE:ppyAccording to Reuters 13 analysts have a buy recommend with target prices of $5.50 to $16 with a mean of $8.00. Given current warm weather and commodity sentiment I am going to guess the low at $3.55 (as crazy and as short lived as it may be). Near term, earnings will be poor until the seasonal gas bottoms/turns, US oil production falls meaningfully and the arctic rears it's ugly head into the eastern seaboard. The rebound on PPY will be sharp...do not miss out...man up and average in or down...
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities