OTCPK:PDPYF - Post by User
Comment by
largeinveston Apr 12, 2016 8:48am
249 Views
Post# 24755540
RE:I have a lot of info on PPY
RE:I have a lot of info on PPYFeel free to send me an inbox riggy...always looking for new info on my investments.
When I compare the valuation TOU gets to that of PPY I also have to laugh. Our operating costs are comparable to them and we have way more reserves per share. TOU produces 200,000 boed and trades for $6 billion. In three months from now we will be producing 40,000 boepd and yet still trade at $450 million. I put fair value on PPY at $9 per share when we hit that milestone. A little less then TOU as we don' town our shiny new gas plant.