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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

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Post by Cougar3 on Dec 04, 2019 3:58pm

Carbonbll

Is that you bidding 5.5 cents?
Comment by BrokerG on Dec 04, 2019 7:44pm
Somebody is unloading a ton of stock. Most of our institutions have already sold, so I am not sure if it is one of our last institutions selling. The 2nd level asks show 550K of shares to be sold. Maybe our friend carbonbull has had enough. Carbonbull will say it is tax loss season and that is why stock is dropping. That is not quite the whole story. The selling today and the huge amount at the ...more  
Comment by wittmann on Dec 04, 2019 8:23pm
Broker we really don't know what offers exactly were made in July.All we know is management said the offers weren't acceptable..that could mean anything. The only hope I see is after this year's done the beginning of next is usually when people get back into penny stocks for a gamble.Without any news that may be the only time to dump Bkx .We'll  see what happens with oil ...more  
Comment by Carbonbull on Dec 05, 2019 3:19pm
now Brian , whatever reason shareholders are selling is their business , yes its no fun holding paper without a bid , as i have previously stated there is real value in the assets unless mgmnt is hiding something god awful.  If they were the bank would know and would be calling. Content to wait until the new year pick away at what i perceive to be stupid valuation a lot of pain on the street ...more  
Comment by wittmann on Dec 05, 2019 7:52pm
Some. Analysts love to use market cap to evaluate a company.That puts BKX at around 20 million bucks.Share# x shareprice.An outright buyout would take peanuts yet that doesn't happen.I don't think management is hiding anything...I think they laid out facts as best they could..but that solves nothing. I think we as shareholders are finished.
Comment by BrokerG on Dec 06, 2019 9:17am
Wittman, you may be right. If they could not get a decent offer from March to August, then we are finished. Our stock was trading between .22 to .27 cents during that period. Which, you would think, solicit offers around .30 -40 cents. That is what I was referring too in my earlier post. Of course we do not know what was offered but if your stock is trading at .25 cents you would think offers ...more  
Comment by wittmann on Dec 06, 2019 11:07pm
Well,Broker,truth is nothing posted here is actually unprofessional.After all,the so called professionals that run this company haven't really done anything.Accurate updates would help.They would counter that argument by saying 'read the last update. The problem with the last one is there's simply nothing to be excited about. Sure they made a profit and claim to preserve capital. But ...more  
Comment by BrokerG on Dec 07, 2019 10:20am
Hey Wittman   Whatever happened to err Himmler and rjam? I guess they must have got out earlier. Smart move.
Comment by wittmann on Dec 08, 2019 10:15am
Don't know.But then again there's an idiot kid that accuses us as being the same poster lol...I think the kid goes by jeffhackjob ..or something like that.A real joke. As for older posters it would have been nice to know if they did indeed sell.For myself I always disclose to longtime fellow posters if I sold.And wish them luck should they continue to hold. Truth is sometimes I sold too ...more  
Comment by becker123456789 on Dec 11, 2019 7:18pm
Sold too early what a joke. As stated I sold in 2014 and at 20 times what is worth now and that was too late.That whole Poland debacle showed what kind of company this was then and still is now. Feel bad for anyone that ever heard of this company . It will surely die but not until management has sucked every penny out of their poor misguided share holders. Ya I'm a loser for ever investing in ...more  
Comment by wittmann on Dec 12, 2019 2:04pm
It's true Poland didn't work,but I wouldn't say it was fraudulent.No company starts an endeavor without hopes of success.And another thing you forget.It was never a reason to call anyone an idiot because they sold.It was the unfounded reasons you gave for doing so...and naming everyone else here an idiot for holding. In your case ,good for you,you got out.But all is merely hindsight as ...more  
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