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CONA RESOURCES LTD T.CONA

"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."


TSX:CONA - Post by User

Post by farmboy75on Nov 06, 2017 9:05am
112 Views
Post# 26910506

RE : Think about it

RE : Think about it
I think much of what you say is true. There is no good reason that this stock price is where it is. I bought in because of the great land holdings and that nice divvy. But as we know that did not last long even after Waterous said the dividend would remain. If indeed they plan to take the company private they would be paying the divvy to themselves. Not nice. The best case scenario with rising oil prices is we get a bit of a premium to lesson our losses.This is beginning to look like dirty business.
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