Painted Pony Pete Ltd PDPYF

RE:Everybody just calm down and

[Bever73]

KnottyOyster wrote: Invest where it makes sense. Natural gas will be the primary power source of the next 50 years. Currently gas generation has 7555 MW of installed capacity in Alberta, where coal has 6003 Mw (visit ets.aeso.ca). The trend couldn't be more clear than it is here:

https://www.auc.ab.ca/market-oversight/Annual-Electricity-Data-Collection/Documents/2017/Installed%20Capacity.pdf

On top of that, Transalta will be converting their coal plants to natural gas very soon, as we have seen with the announcement of the construction of a NG pipeline (by tidewater) to their Keephills and Sundance facilities. Combined these facilities account for 3144 Mw of the 6003 above. Atco's coal facilities are likely to follow suit, as they already sit directly on top of the NOVA pipeline, and account for an additional 1,479MW. The rest of the coal capacity, if not already shut in for economics, will have to convert by 2030 regardless (or shut down completely). These facilities are not very efficient running on NG, but it will still be a hell of a lot cheaper converting them to NG, than tearing them down completely and remediating the sites. WInd energy, although great, is intermittent and thus we will always have to rely on stable NG power plants, cogens with oil facilities, and NG peaking facilities for grid stabilization.

Yes our take away isn't great right now, but there are also a lot of additional projects on the go that will also benefit these producers greatly, specifically the IPL Propane dehy/propylene facility and the AltaGas propane export terminal. Alberta is also pushing for additional petrochemical facilities in which the primary inputs will be natural gas (or at least NG will drive the processes). 

https://www.stockhouse.com/news/press-releases/2017/12/06/tidewater-midstream-and-infrastructure-ltd-enters-into-agreement-with-transalta

and yes.. we always need NG for heating too.

https://www.youtube.com/watch?v=NEWqpEqtSFY

I for one am loading up on NG stocks at these levels whilst everyone is scared, and in 3-5 years I will likely be a very happy boy. Pony has some of the best reserves in the world in their inventory, and excellent liquids potential to boot.

Good luck to all!

Very logical bullish argument...however this info is all well known. Imo the ugr people are selling or big funds are initiating new short positions. Yet no one is stepping up to support the stock. Because...the hedges roll off in several months and then pony will be majorly exposed to AECO will alot of debt..... Ward screwed up adding 60m shares to the float ;good logic and concept but brutal timing...the people who owned that ugr are the ones bailing out as they see the 18 month forecast....after that stock should roll