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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 righand2on May 14, 2017 2:36pm
206 Views
Post# 26242281

RE:The future

RE:The future
Staghorn69 wrote: interesting reading the past few weeks on "the deal" and more.  Lots of good posts on both sides, and as usual lots of entertainment.  This deal was done for the future, that is pretty clear.  I for one think the future will come sooner than we think.  I think LNG will be a GO in BC, and US exports and the past year or two slowdown will create a run on NG this year.  It's cyclical, and it's been down a while.  Time for it, and PPY to run back up. I bought a couple K shares the last couple weeks.  I expect $20/share in 18 months...  that's my target.  Undoubtedly a rough ride to get there, as can be expected here, but the company is growing too big to be held down forever.

If you have seen the potential for a tight supply/demand balance for 2018, you may not be all that far off with your $20 price target. PPY bought UGR C-H-E-A-P, and the payoff could be incredible.
Bullboard Posts