RE:RE:RE:Thoughts on takeover?Sadly , former Painted Pony minority shareholders learned this lesson in spades. There is no protection against greed. Only recourse is to move on and try again. The effect is that the industry has now destroyed itself through their own stupidity and greed . No one will put any value on long term assets any more.
One of my major reasons for purchasing Peyto was its large PDP reserves. this offers some measure of protection, but in bad markets even that can be found wanting
What is badly needed in this Country are many more people like Darren Gee and his board , who have the experience and intelligence to run a successful enterprise. That is the true value of a company. Also it should be the true value of a Country !!