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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
Post by uogradon Aug 10, 2020 11:15am
201 Views
Post# 31387413

only two logical buyers today above .68

only two logical buyers today above .68either cnq is buying up on the open market which they may or not be allowed or there is a belief to some degree of a higher bid.

no arb would bother getting 1/68 or less return in a month.  logic says a second bid is coming.

personally I always thought the buyer here would be shell because of the lng project so that can not be counted out either although tourmaline or topaz most logical.
Bullboard Posts