Peyto Exploration & Development Corp T.PEY

Motely Fools PEY & BIR report

[sportstermathew]

Hi all,

Thanks Oldnagger, is that like Curmudgeon or something?

I looked up the report from Motley Fool, would like to know the details as to their takaway per link:

https://www.fool.ca/2021/03/09/natural-gas-price-soars-2-stocks-to-buy-now/

Having invested in PEY since 2002 I think it was, maybe 2001, I have gone back and read a lot of the monthly reports and even some earnings reports to keep in touch with how things have developed over the years.

Maybe yesterday was part and parcel due to this article which is nice for a change to get some reasonable recognition on how PEY has control over their resources.

PRICING has to be the single worst parameter as it is very hard to control.  I would say Egress is the other.

I am presently reviewing all the old President's reports for GXE, another of Don Gray's new ventures (well it has been around for a while) and note in the JAN 2015 report it sounds exactly like the last two years.

I need some crazy glue so I can stick out the long term here for big big gains on PEY.

[Oldnagger]

Both parts of my moniker are true. I thought it was appropriate wnen I was heavily invested in Painted Pony. That experience hit me in the wrong spot , not only because I thought the rake-over offer was atrocious but because it was accepted by a large portion of the minority shareholders . What I wanted was nat gas without too much condensate . I have since relented on that score , but it will

[Oldnagger]

One point I almost forgot . Nearly everyone on the PONY bullboard was against the rakeover, and yet it still went through. The reason is probably because all of the managed money voted for it. PONY understood this and hired persuaders to convince them.  I believe investors are much better served on their own , and perhaps we will finally get a chance to convince them so!!