OTCPK:PDPYF - Post by User
Post by
TheGeneral1on Feb 09, 2017 8:43am
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Post# 25821421
Don't listen to the idiots
Don't listen to the idiotsSo now we have people spreading fear with wild accusations but no statistical data. Ppy is all of a sudden over leveraged? Tell me some actual numbers on how this is the case. Ppy has low liquids compared to others? Yeah right. Show me how there liquids output compares to their peers. George98, compares to who? Compared to Chinook? Still riding that dead company? Chinook can't afford to drill a well? Ppy is hedged mostly in the 2.5-3.25 range why such worry of the price turning all of a sudden? Ppy has a break even of about $1.50 and that's going down with increasing volumes.
Just a bunch of idiots and scare mongers.
Plus, unlike most stock they are not diluting and are in a great relationship with the pipeline company.