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Kolibri Global Energy Inc BNKPF

Kolibri Global Energy Inc, formerly BNK Petroleum Inc is an exploration company. It is focused on the acquisition, exploration, and production of oil and gas reserves. The company owns and operates shale oil and gas properties in the United States. Its segments include the United States, Canada and Other.


GREY:BNKPF - Post by User

Post by BrokerGon Feb 15, 2019 9:37am
69 Views
Post# 29369772

Take down

Take downClassic take down of a thinly traded stock. How does an institution sell withour caving in the market? Duh. It sells slowly over a period of time. That is exactly what is happening now with Anon. They are the broker for some large institiution. We have lost numerous institution shareholders this past year. Of course they could be selling for other reasons but it seems likely they know something we do not. As usual, that is the case with small caps. As I mentioned before they have been delaying the wells results from  Brock and Anderson for months. Why? What is taking so long. If the results were spectacular why are we seeing the selling right before the results? I know himmler is not a big fan of opinions but they are hurting financially. They need this well to be successful in order to secure future bank financing. The cash flows they are currently generating are not adequate for future well explorations. I think the market and of course the institutions know this and are selling. They may  be able to secure some financing later this year [ if Oil prices climb] but for an institutional buyer,  maybe and the future,  do not go hand in hand. We need answers NOW.
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