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Painted Pony Pete Ltd PDPYF

"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


OTCPK:PDPYF - Post by User

Bullboard Posts
Comment by bigreturn11on Apr 28, 2020 6:39pm
229 Views
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



Bullboard Posts