OTCPK:PDPYF - Post by User
Post by
uogradon Dec 18, 2019 8:39am
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Post# 30467393
pony will be gone by end of 2020
pony will be gone by end of 2020with the news of how much cash tourmaline has and arc to follow suit plus the major looking for reserves for kitimat i see no chance pony makes it through 2020.
The two big funds who has lost hundred of millions from the UGR fiasco are going to be looking for stronger paper going forward.
They got pony paper at 5.60 and it is now .74 so this has been a disaster.
to save face they are going to want to get a deal to get arc paper or most likely tourmaline paper going forward.
They would be content with a stock and cash offer.
Ward will have no say in how this goes down which will be a good thing. He will be put out on an iceberg for the rest of his days.