GREY:BNKPF - Post by User
Post by
Carbonbullon Oct 28, 2019 4:38pm
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Post# 30278299
explains why no inside buying
explains why no inside buyingaccording to news release still an ongoing process , i have bot and sold at least 50 oil and gas properties over the years , never seen a process take so long , unless there is a key dispute on validity of reserve assumptions that needs time to resolve or another well, from my perspective there are plenty of wells in the west section and an abscence of wells in the east , let some one else spend the capital delineating , sell the well proven puds (no pun intended) and move on return capital to shareholders or kill process announce business plan in moving foward and get some inside buying on the tape. 2 to 4 million dollars should clean the market to nrth of 50 cents.