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Bullboard - Stock Discussion Forum 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 Discussion

CONA RESOURCES LTD > Reserves Information
View:
Post by pierrelebel on Feb 21, 2018 7:54am

Reserves Information

Take a look at: this press release

On that basis, there is no reason for CONA to trade at only $2.00 (or less)
Comment by xbox360 on Feb 21, 2018 9:48am
From a year ago, they reduced the debt while increasing the reserve. Yet, stock price is down like 45%.
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