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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 > Going bankrupt?
View:
Post by xbox360 on Mar 02, 2018 11:42am

Going bankrupt?

Management needs to promote investor confidence, otherwise this is going down like sinking ship...
Thinking about buying back in yet not enough information to have any confidence when WCS price is performing badly. Not going to gamble on this.
Comment by spacegimp on Mar 07, 2018 9:12am
looks like they wanted the exact opposite of  your confidence so you would be discouraged and sell so prices stay low for buyout
Comment by xbox360 on Mar 07, 2018 9:23am
Yeah, I agree. 31% premium to lowest price ever.
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