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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 Sep 23, 2015 1:33pm
149 Views
Post# 24128621

RE:RE:5000 bopd

RE:RE:5000 bopd If I did not know better, I would put every cent into this company NOW...however, despite this screamingly low valuation, I smell something bad...this is what happens when you lose the trust of the markets. In some sense, all that has been done over the summer was great. We just need a massive recapitalization to carry forward the firm and all its plans (and higher oil prices of course).

I expect a massive dilution event soon...I hope I can eat my words when they announce something great and the stock jumps up massively, as it is...I am just staying away until there is much more clarity on how this undercapitalized firm is going to move forward. GLA!
Bullboard Posts