Painted Pony Pete Ltd PDPYF

RE:RE:RE:Everybody just calm down and

[Bever73]

barneyj44 wrote: 52% of Pony’s 2018 total production is hedged at $3.57, signed deal with Methanex, 18 of the top 20 producing wells in the North Montney, now third largest natural gas reserves in Canada, what’s not to like, people take the time to look at there Investor presentation on there website to confirm any doubts or suspicions to make your decision. 

Yes barney stock markets look FORWARD....what percentage is hedged for 2019? And what will aeco prices be. $1.75?? They may be the best wells in canada but at 1.75 they will not return much....what will the entire land base be worth with aeco muddled at 1.75 for several years.....bearish questions Compare to the marijuana industry....a 2 decade runway of undisputable growth / no debt or bkrp risk as money is being raised easily...huge gross margins...recreational legalization on the horizon and soon will be able to buy at shoppers drug mart. It may be overvalued : but in 5 years these pot cos will have no debt / big profits and still huge growth in front of them.... Reminds me if amazon /netflix/facebook whatever / growth that is hard to evaluate and appears overvakued on all tradiitonal metrics..... Pony is a long term value play...out of favour