RE:Great day for the little horseI can't count on one hand how many times I averaged down from $3 to $2 to $1 before, during and after the LNG Canada FID. Those days are gone and the current share price does not reflect the true value and future potential here.
Pony trades at $8 per barrel of oil equivalents per day (boe/d). That is a valuation that is priced for corporate death. Thats not the actual case.
Is it fair that Tourmaline trades for $55,000 per boe/d and Pony is at $8,000??? Pony is partnered on wells with Tourmaline for gods sake. Tourmaline is top shelf company, and it deserves that valuation. Does the gap with Pony need to close? Yes it does.How about $25,000 boe/d to start.
Look toward $2 per share folks. We were at $2 just over one year ago and the market has improved substantially since then. Up 100% in the last two weeks in inconsequential. What matters is what the current value is....and it is $2+.
See you at $0.75 this week along with the deep pockets clearing out cheap shares today!
energee wrote:
Good to see the SP lift today - as a shareholder who wrote this one off a few years ago and watched the ski slope in the SP. Reading the numerous posts today and see plenty of chatter on future SP direction. My fingers can't type those predictive words. Hope you are all right.