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Bullboard - Stock Discussion Forum
CONA RESOURCES LTD
T.CONA
Energy
Oil & Gas Integrated
"Cona Resources Ltd is a Canadian company which is engaged in the exploration for and the acquisition, development, and production of petroleum and natural gas reserves in western Canada. The company owns an interest in Cactus Lake property, Winter property, Court property, Cuthbert property, Mantario property, Thermal properties and others."
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Bullboard (TSX:CONA)
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(3)
•••
Holdernko123
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Comment by
Holdernko123
on Aug 10, 2017 7:43pm
RE:Weird
I guess Waterous pushed price down by purpose so that it can buy more shares cheap. Eventually it will take over the company and own it 100%. There is no sense it will keep 68% stake forever.
(0)
•••
xbox360
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Post by
xbox360
on Aug 09, 2017 9:30pm
Weird
Hard to even buy and take a position in this stock, yet the price is being driven down. Waterous lost like 25% (or $61 million), so I assume it is a good buy at this point. Getting it cheaper than the
...more
Regulatory Approvals Secured: Two Rivers East Project Moves Forward with Midstream Agreement Finalized
posted Jul 03, 2024 9:00am by
Coelacanth Energy Inc.
-
|
The Company has obtained all regulatory approvals to construct a new battery facility ("Facility") at Two Rivers East designed for gas compression/dehydration, oil treating and water handling, plus gathering and transport lines to connect from the 5-19 Pad through the Facility to a mid-stream gathering line ...read more
(0)
•••
xbox360
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Comment by
xbox360
on Aug 08, 2017 2:31am
RE:lowest decline rate
if and only if the new owners do not exploit the majority ownership benefit too much. i wonder how much waterous is getting paid as the company chair. the information is not available any where.
(97)
•••
spacegimp
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Post by
spacegimp
on Aug 04, 2017 8:18pm
lowest decline rate
and low operating costs , they will have plenty of cashflow to steadily pay off credit facility ...perhaps the new owners have expansion plans and just need 6-12 months to get
...more
(0)
•••
xbox360
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Comment by
xbox360
on Aug 03, 2017 7:33pm
RE:RE:Going bankrupt?
They've used credit facility and very high interest bearing loan to temporarily deal with the issue. Not even sure why they opted to redeem additional 7.5 million that wasn't tendered, which
...more
(0)
•••
greenhawk
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Comment by
greenhawk
on Aug 03, 2017 10:56am
RE:Going bankrupt?
https://www.stockhouse.com/news/press-releases/2017/07/31/cona-resources-ltd-formerly-northern-blizzard-resources-inc-announces-results
(0)
•••
xbox360
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Post by
xbox360
on Aug 03, 2017 10:44am
Going bankrupt?
Lol, trading like the company is going to go bankrupt soon. They should announce how they are going to handle the debt now, even before the 2nd quarter conference call. Lack of communication is
...more
(0)
•••
xbox360
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Comment by
xbox360
on Jul 28, 2017 9:02pm
RE:poor performance
Waterous should just buy the remaining 33% at $3.60 and take this private. Offer to purchase will probably work at this price range, with nothing changed. 10% discount from $4 per share, if it stayed
...more
(4)
•••
asdfjkl
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Post by
asdfjkl
on Jul 28, 2017 11:10am
poor performance
It would be nice if CONA actually started to tack with the price of oil. Oil has shot up $5 but the share price is unchanged. Something needs to give here. If it wasn't for the dividend.... who
...more
(97)
•••
spacegimp
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Comment by
spacegimp
on Jul 25, 2017 8:33pm
RE:RE:RE:CONA shares not showing up in my account
my bank decided the new shares are unmarginable , they gave no reason after enquiring ...bizarre , NBZ was fully marginable right up to the last trading day
(217)
•••
pierrelebel
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Comment by
pierrelebel
on Jul 22, 2017 7:46am
RE:RE:CONA shares not showing up in my account
Our accounts at CIBC finally reflect the correct name (Cona) and market value ($3.14).
(2)
•••
Wiky
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Post by
Wiky
on Jul 19, 2017 5:33pm
New Name
Goodbye NBZ and welcome to CONA. Hopefully we will be above $5 by year end. Let the posts begin. BTW my shares are still listed under NBZ - with Scotia.
(217)
•••
pierrelebel
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Comment by
pierrelebel
on Jul 19, 2017 2:25pm
RE:CONA shares not showing up in my account
We deal with CIBC and we have the same problem. It is not unusual. Whenever a company changes its name and the trading symbol is changed, there is a delay of several days for the share
...more
(65)
•••
WinterBaron
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Post by
WinterBaron
on Jul 17, 2017 7:52pm
CONA shares not showing up in my account
Northern Blizzard shares have gone but CONA replacements not there. Anyone else encounter this today?
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