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Decklar Resources Inc V.DKL

Alternate Symbol(s):  DKLRF

Decklar Resources Inc. is an independent international oil and gas company. The Company’s principal business activities are providing funding and technical advisory services to companies involved in the exploration and development of oil and gas properties in Nigeria. The Company is developing three fields, all located in Nigeria, including the Oza and Asaramatoru Fields located onshore in Oil Mining Lease (OML) 11 and the Emohua Field located nearby in OML 22. The Oza Field is an onshore conventional oil field, on dry terrain, in the northwestern part of Oil Mining Lease (OML) 11, approximately 30 kilometers (km) southwest of Port Harcourt, which is part of the Abia State in Nigeria. The Asaramatoru Field is located onshore in the shallow swamp in the southern part of Oil Mining License (OML) 11 in Nigeria. The Emohua Field is situated approximately six km west of the city of Port Harcourt in Rivers State and approximately 30 km west of the Oza Field.


TSXV:DKL - Post by User

Post by billythekiddon Dec 13, 2021 5:07pm
200 Views
Post# 34226718

50 % decline of Dollars

50 % decline of DollarsWe hit a high of $1.50 on May 15 th with so much promise of Production by the end of the Summer. Its now 7 months later and we hanging around .75 cent. I believe somebody played all  us of for fools as Anonymous has sold about 10 million shares in the last 7 months and created a consistent draw down of the stock. I dont think its insider related but someone who loaded up in the Asian Mineral days with a close company connection to gain a huge position before Decklar was formed. They probably based on experience new the Risk of Nigeria Oil and moving the Company along with positive cash flow. Thus they moved off the position meticulously over the Summer and into the fall. The market in the last month has created a additional drain on the share price. Just my humble opinion. Cheers Billy..... Maybe we will see a bounce in January
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