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Painted Pony Pete Ltd PDPYF

Energy
"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

Painted Pony Pete Ltd
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Post by Dell1on Nov 21, 2017 10:58am
90 Views
Post# 27003386

Why to short this stock ?

Why to short this stock ?I honestly don't get it. Please explain to me what are the reasons to short this stock when proven gas reserve puts you to a 4th place in Canada, probable gas reserve puts you to the 3rd place in Canada. Reached 14 year gas delivery contract!! More wells have to be drilled now and more infrastructure has to be laid out? That's all is True !!! Yes TOU Q3 profit was $50 M stock price at $24 , PONY Q3 profit was $14M stock price at $3
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