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Bullboard - Stock Discussion Forum 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... see more

OTCPK:PDPYF - Post Discussion

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Post by Balsalmlake on Sep 28, 2020 10:59am

Vote No

If enough No votes come in this stock pops to around $1.00.
Not likley but "what have you got to lose"
Comment by roscoe74 on Sep 28, 2020 12:09pm
$.69 per share? In the 'not likely' department,  out of all the distressed companies, it is 'not likely' that any of them will find a white knight willing to pay more than necessary in a market flooded with quality assets at 10% of book value. In the 'more likely' department, is the debtor-in-possession strategy whereby the company goes into creditor protection and ...more  
Comment by Vesta63 on Sep 28, 2020 12:12pm
Yes I voted no also, very suspicious many buyers at .68  GLTA
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