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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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CONA RESOURCES LTD > Its like being Robbed by WEF

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Post by NotanExpertDot on Mar 28, 2018 11:11am

Its like being Robbed by WEF

Is it my imagination, although I am loosing a couple of $100 but still I felt that WEF just pulled a scam on retail investors. I wonder how much they promised the scumbag directors - Beat down the share price, kept it low and offer a $2.55 for a share with book value of $5.88. This is why I don't like Canadian market, there would have been lawsuits for this in USA.

Sorry for my rant - I just feel helpless and feel used and abused.

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Comment by schocor on Mar 28, 2018 11:22am

Yes this is a scam on investors; I have actually been seeing "more" of this than I remember in Alberta. I am not sure who they think they are protecting with their laws, but it is not the small retail investor. You/we can always vote no against the merger; but I am pretty sure it will do no good.

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