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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

Comment by TradeTraceron Sep 16, 2020 3:50pm
118 Views
Post# 31568923

RE:Another perspective on lowball bid/possible rights offering

RE:Another perspective on lowball bid/possible rights offeringBig one is that debt holding for PONY

Basically 3x equity is what puts this horse down, I see LXE has no debt whatsoever (according to their presentation) and it's hard to force the hand of a company with no obligations
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