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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
Post by Valuecanon May 02, 2017 2:13pm
107 Views
Post# 26193631

Vote depends on investor time horizon

Vote depends on investor time horizonIn my opinion a no vote gives investors a better stock price in the 1-2 year time
period while a yes vote will produce a better price/return over a 3-4 year period. 
This would assume stable or higher gas prices over time.  My time horizon is 2
years so I will be voting no.  I also think the price being paid is too big a premium
over what the market is valuing PPY at.  
Bullboard Posts