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ROK Resources Inc V.ROK

Alternate Symbol(s):  RKRWF | V.ROK.WT | ROKRF

Energy Oil & Gas E&P
ROK Resources Inc. is a Canada-based oil and gas company. The Company is primarily engaged in exploring for petroleum and natural gas development activities in Alberta and Saskatchewan. Its core assets include Southeast Saskatchewan, which comprises oil weighted conventional Frobisher and unconventional Midale prospects and covers over 131,000 net acres, and Kaybob Alberta, a gas weighted, stacked multi-zone reservoir with upside locations in the Cardium, Montney, Bluesky and Dunvegan formations. The Company covers over 75,000 gross (45,000 net) acres in Kaybob. The Company also has a 25% interest in a private entity, which holds certain Subsurface Mineral Dispositions in Saskatchewan, with a focus on potential lithium resource prospects.


TSXV:ROK - Post by User

ROK Resources Inc
Bullboard Posts
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Post by ValueHunter92on Apr 11, 2016 9:25am
182 Views
Post# 24751089

still an huge upside

still an huge upside PDQ. Overview

1) CEO said in interview in march that, even after dropping a cash return to investors, the company worth 11 cent/ share, and he has bought his share @ 8 cent / share, so
 
2) Company as 750 000$ in cash

3) Company as 3,7 millions in asset,

4) Company as royalties of net profit of 400 000$ / year

5) Company as no debt


Huge buy @ 6 cent, worth 2,4 million market price vs accounting value at 9 millions ( 12 cents/shares)

Easy 100% this week, (70% easy, potential 100-120%)

Regards
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities