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

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Painted Pony Pete Ltd > No point focusing on micro events

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Post by fast2rr3on Mar 06, 2020 8:03pm

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Post# 30778104

No point focusing on micro events

This is a long term hold as I've stated before - looking at daily, weekly or monthly swings is pointless. 2 - 3 years out is the timeline. Thats why its called an investment - you buy now and wait.

Solid company, has assets, potential take-out target - market sentiment in o&g is bad now no one is denying that. Wait it out.

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