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Kolibri Global Energy Inc BNKPF

Energy
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

Kolibri Global Energy Inc > What is the true value of BNK
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Comment by BrokerGon Apr 05, 2019 2:24pm
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Post# 29589089

RE:RE:RE:RE:RE:What is the true value of BNK

RE:RE:RE:RE:RE:What is the true value of BNKI want to thank woolco for paraphrasing and repeating my last several posts. Some original thought would be nice.

What is more interesting is the total lack of trading since the last news release. We already know the majority of this stock and the marginal investor in this company are institutions but this lack of volume can be intepreted in a few ways.

One: They are waiting for well production from Brock and Anderson before committing to new buying
Two: There is news pending and any large buying would seem suspicious

I am going with option 1. I am a little disappointed we did not see a much stronger advance after th news release and considering oil is  now hovering around $63.

Time will tell
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