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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 Manthebullon Nov 29, 2017 9:37pm
89 Views
Post# 27059911

RE:RE:RE:Why short sheller so naive

RE:RE:RE:Why short sheller so naiveone thing I learned from my years investing is that in oil and gas Book value doesnt mean anything..I think Lighstream had 10$ in book value but went Bankrupt...I have seen firms bought out below their book value...but in this case PONY is good standing and is making money..Major shareholders have bought this stock above $5.60. so I suspect for any possible buyout a share price higher than $6.50 to add premium.

IMO
Bullboard Posts