Peyto Exploration & Development Corp T.PEY

my god, what does it take to create any excitement on board?

[sportstermathew]

NG is almost $9US NYMEX, now I know not all is sold at these prices.

Oil about $110 US too.

And barely a peep.  The brokerage industry is chasing its tail trying to figure out how to stop the bloodshed in Tech and other areas like Weed, retail and so on.

But they dare say a word about the oil and gas industry for fear of blasphemy.

The cracks are showing, the water is leaking slowly.  We all knew tech was valued too highly unless their sales/ earnings brought their raitos down.  When the basics fail then the valuations get high.

Of course we won't hear a peep until August mostly for the oil and gas again for 2nd quarter earnings and by then most won't care.

Just wait till oil and gas are at the top of the pile by year end again, and then the same story for 2023.  Will we just be ignored.

Most of the gains for PEY and CR etc will be in the snippets of info each month on news reports, more wells, higher production, small deals.

I don't expect much merger and acquisition activity to be honest unless a large company sees value and most if they have done one or two deals won't have much left for more for a while.  The very large companies don't even want to think about the smaller guys.  In fact quite the opposite, get rid of the black eye areas and concentrate on other stuff.

There could be a few small mergers, but with equipment and people hard to get it really won't add up to much.  Not like anyone is sitting on a billion dollars of pipe, or facilities just waiting to be used.

I see a slow and steady increase in PEY's stock price, There may be some great days but we will backtrack, build a foundation and move forward, how can we not?

[devansbains]

I suggest, you would provide proper details with regards to the stocks that you are doing. Other than that, I think cryptogames will work here as well.