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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 > Where are the "Big Boys"
View:
Post by CrazyInNB on May 01, 2018 7:19am

Where are the "Big Boys"

I cannot understand why one of the "majors" ha not swooped in and offered $3.50 - $4,00 for these shares, whose book value surpasses $5.00 - I guess that CONA is just too small.

I wonder which producers have properties adjacent to CONA; i.e. would enjoy potential synergies from owning it.
Comment by pennydredful on May 02, 2018 9:40am
Waterous    owns   67%     so    they    could  only    buy  if    he agreeded     to  sell 
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