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PPY worths $40/sh??
PPY's core NG asset is smilar to PRQ's montney gas plays in NE BC but is about 1/3 in size. PPY has 2P reserve of 13.8 mcf/s or $40/sh at $2.9/mcf at TO valuation.
PPY has no debt and is one of the founding members in the LNG export slated for production in 2014. Minimal land infrastructure is required.
Bought some more today! Will hold my PRQ sh until it is paid in full price.
HI! YSL
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| Msg # | Subject | Author | Recs | Date Posted |
| 21052 | Re: PPY worths $40/sh?? | makemoneyinoilandgas | 1 | 7/2/2012 12:08:47 AM |
