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Manitok Energy Inc MKRYF

Manitok Energy Inc is an oil and gas exploration and development company. The corporation is engaged in the exploration for, and the development, production, and acquisition of petroleum and natural gas reserves in western Canada. It mainly focuses on conventional oil and gas reservoirs in the Canadian foothills along with crude oil in Southeast Alberta. The majority of its revenue is derived from the petroleum and natural gas.


GREY:MKRYF - Post by User

Bullboard Posts
Comment by jerrybeon Oct 16, 2014 11:18am
177 Views
Post# 23033873

RE:RE:RE:RE:RE:RE:RE:finally crumpled...

RE:RE:RE:RE:RE:RE:RE:finally crumpled...I agree...the fact that it is not rebounding like most E&P stocks is surprising to say the least. The latest press release was very reassuring. Full steam ahead on Entice and it seems the midstream solution will arrive by year end as predicted. 

The wells they are drilling are solid. This one is completely mispriced.

People who claim oil will go at $40 have absolutely no idea what they are talking about. Shale drilling, oil sands and North Sea drilling would all be unprofitable...supply would melt, driving prices right back up. Venezuela, Iran, Russia would all collapse...just not happening...

As you said, blood on the streets, it is high time to buy this one. In two years, people will look back and wonder how on earth MEI was valued at only $100M...
Bullboard Posts