OTCPK:PDPYF - Post by User
Comment by
bigreturn11on Apr 28, 2020 6:39pm
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Post# 30964046
RE:Comparison to Birchcliff (BIR)
RE:Comparison to Birchcliff (BIR)Update on valuations after the big recovery (guys, realize that the recovery hasn't even started yet). Valuations relative to gas heavy peers.
Pony to Birchcliff BIR has 1.7x the production BIR has 4.6x the market cap BIR has 2x the net debt One thing is consistent about the comparison of PONY to other nat gas producers. Pony is consistently wayyy undervalued relative to peer nat gas focussed companies. PONY to Tourmaline TOU has 6x the production TOU has 41x market cap TOU has 6x the debt
There is a big gap to fill with Pony at $0.54. Give me $2 per share today and we can talk about marginal profit taking. If we wait 6 months, the price to profit take may be higher or lower than $2. Not the time to sell PONY.
Longggggg and let that pony run...... bigreturn11 wrote: Pony to Birchcliff
BIR has 1.7x the production
BIR has 6x the market cap
BIR has 2x the net debt
One thing is consistent about the comparison of PONY to other nat gas producers. Pony is consistently wayyy undervalued relative to peer nat gas focussed companies.
PONY to Tourmaline
TOU has 6x the production
TOU has 55x market cap
TOU has 6x the debt