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Bullboard - Stock Discussion Forum 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 Discussion

Kolibri Global Energy Inc > What is the true value of BNK
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Post by woolco on Apr 03, 2019 8:21am

What is the true value of BNK

Based on them cleaning up the operations, growing barrels, projected barrels this year ...and increase to reserves.

Current market cap only 65M.

Disregarding the current ridiculously low share price given dollars per day trading are under $10k dollars....

What is this company actually worth now that they have put themselves on the market?

100M/150M/200M?
Comment by wittmann on Apr 03, 2019 9:27am
Much will depend on the well output from their most recent endeavor.They've had big problems ..you should know.But then again based on your history,you've only recently bought shares.You did do your DD I would hope. If their latest well is a bust,who knows?
Comment by woolco on Apr 03, 2019 9:41pm
The well problem has been solved. its production will not make or break this company  as its in play to be sold.  It may help make the selling price 60 vs 70 cents...but that is it. My recentcy in the stock is meaningless. At least you have someone to pass your Disney Eeyore attitude upon. Try some positive pills and watch how this blows up into a 2-3 bagger!!! and fast.
Comment by wittmann on Apr 04, 2019 8:44am
You show up out of the blue,read a few news releases,and pump the stock hoping to make a few bucks.Dont ever be so naive to actually think your telling us anything new.Of course  BKX is positioning itself to be sold.If you actually knew anything about this company(which you dont)You would know that's their strategy from the start. Nitwits like you have infested this BB for years.and they ...more  
Comment by woolco on Apr 05, 2019 11:45am
First of all....You don't know me....and your insights about me are laughable...."dad". You don't know how many shares I own....I would suggest way way  more than you. My original email "pump"....turned out to be  before the strategic review and or increase in reserves  announcement....would have been a good time to buy no?  Turned out ok ...more  
Comment by BrokerG on Apr 05, 2019 2:24pm
I 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 ...more  
Comment by wittmann on Apr 06, 2019 11:17am
Broker,repeating what you've categorized is all that can be expected from any new poster.Thats to be expected from a penny flipper.I think we can agree on your option one and two equally. The other point to ponder is how much of BKX is really held by retailors.I'm guessing very little.Even way back with Poland I suspect exposure was very little.This company has never really promoted itself ...more  
Comment by BrokerG on Apr 09, 2019 12:59pm
According to the press release on March 21st: "The operator of the Anderson 1-15H10X3 well has successfully cleaned out the lateral, recovering debris that we believe was restricting production, and the well has been put back on flowback. We expect to have a better understanding of the productivity of the well once the fracture stimulation fluid has been recovered, which may take several ...more  
Comment by wittmann on Apr 05, 2019 6:59pm
Woolco,my insights about you are dead on and your own post proves it.I know you only bought recently and hope the price goes up so you can sell.Read your own post lol.Talk about you knowing my motives..That's another joke.Its you that knows nothing about when  I bought,how much,and into what accounts.All you know is I've been posting here a long time.But posters like you are as phony ...more  
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