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Condor Energies Inc T.CDR

Alternate Symbol(s):  CNPRF

Condor Energies Inc. is an international, independent producer, developer and explorer of oil and gas company. The Company has a producing gas asset, an ongoing initiative to construct and operate Central Asia’s liquefied natural gas (LNG) facility to develop and produce lithium brine and another initiative focused on gas field redevelopments in the Republic of Kazakhstan. It has interest in and operates the Poyraz Ridge and Destan operating licenses and gas fields in Turkiye. The Company through its wholly owned subsidiary Marsa Turkey BV (MTBV), has a 100% working interest in two adjoining production licenses located on the Gallipoli (Gelibolu) peninsula in northwest Turkey, lying within the southwest extension of the prolific gas-producing Thrace Basin. The Company is also seeking opportunities for natural gas field redevelopment projects in the Republic of Uzbekistan.


TSX:CDR - Post by User

Bullboard Posts
Post by syedbaqaron Feb 14, 2016 8:42pm
178 Views
Post# 24558385

10:1 consolidation

10:1 consolidationBest of luck to those who decided to stay with condor. I don't know about the long run but for the short term people will lose lots of money after 10:1consolidation. I had 27k profit when I bought COS stocks in October last year. I sold all my condor shares and I lost all my profit money in this stock. I waited a lot but this stock has been moving to wrong direction. Right now this stock is selling at .7 cents. I can see this stock will drop to .5 cents before consolidation because most people don't want to be a part of consolidation. New investors are taking full advantage but old investors are losing money! condor management and erusa average cost is .45 cents per share and 10:1 consolidation suits them. There is no insider buying since October last year. Investors have no clue what is going on inside of this company. No production in 2015. There is no plan to start production this year. Based on crude oil prices there is no way that condor will start there production in 2016. 2017 Q 2 16 months from today you will see some action in Turkey until then they will just burn cash. I sold my shares because I can't wait that long and also I want to invest into another oil company so I can recover my losses. Which is the good oil Canadian company out there who can recover my losses?
Bullboard Posts