OTCPK:PDPYF - Post by User
Comment by
TheInsidePoopon Aug 21, 2020 11:59am
114 Views
Post# 31438688
RE:Back up Strategy
RE:Back up StrategyOn the IPCO board you wrote:
"
I own 2 major investments both based on the same stategy tons of reserves at a very low price. Originally Painted Pony for nat gas and blackpearl for oil. Now I hold Ipco,and I sleep better at night knowing that the Lundin Group is backing us up."
How many shares of IPCO did you buy? This company is pretty thinly traded with an average volume of 13,000 and some days only 600-700 shares changing hands. Was that 70k shares on August 18 your trade?
Full post https://stockhouse.com/companies/bullboard?symbol=t.ipco&postid=31437157
Oldnagger wrote: Suppose I am wrong and that the healthy young pony is sent to the glue factory without a fight on the part of 50% of the voters
Then worst of all scenarios we miss the rally in junior nat gas cos.
I am sure that some of you will be posting that I led you down the garden path (one already is)
So heres my stategy in a nutshell
the oil wave will surely follow the nat gas price wave due to tremendous shortage of drilling
more oilier Canadian juniors are severely underpriced but we must be sure they can suvive and will not be taken over by sellout managers or vulture buyers
The one I particularly like Is IPCO backed by the Lundin group (as in gold) and with huge contingent resources
Any other ideas would be greatly appreciated