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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 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.  
Bullboard Posts