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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

Comment by factRbeston Nov 07, 2017 9:19am
87 Views
Post# 26917038

RE:RE:Think about it

RE:RE:Think about it ppp - (11/6/2017 4:34:57 PM)
RE:Think about it
Just give him some time. As long as the assets keep performing this stock will move up. This company had very few shorts, so it won't move like some of the other ones, as there is no short covering.
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They issue financials.

If the div is cut and used to pay debt then that can be calculated without the need for time.

If the div is cut and the money put in the bank that can be calculated without the need for time.

If the price of oul goes up then that can be calculated without the need for time.

A div cut will drive out income investors but it will attract value investors.
it did neither. Are people assuming that the money will be burned????

Looking at the current structure the market does not see CONA as a publicly traded company.
I want someone to go hositle on this thing because waiting will mean that we get wiped out when there is the most meat on the bone.

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