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ROK Resources Inc V.ROK

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

ROK Resources Inc. is primarily engaged in exploring for petroleum and natural gas development activities in Alberta and Saskatchewan. The Company’s diversified asset base in both Southeast Saskatchewan and Alberta is weighted to light crude with opportunities for natural gas development in the Kaybob area of Alberta. 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.


TSXV:ROK - Post by User

Bullboard Posts
Comment by Str8Shooter88on Apr 11, 2016 7:18pm
205 Views
Post# 24754170

RE:RE:Can someone explain what's going on with PDQ?

RE:RE:Can someone explain what's going on with PDQ?
waitingstill wrote: Company decided on change of direction, divested itself of all properties and obligations, gave all the money except one year's operating costs back to shareholders at 42c/share and SP dropped from 42c to 2c and has risen since. Rise due to speculation on what direction company will take, if a reverse takeover is in the cards, minimum $750k in the bank, 2 possible royalty streams and a whack of tax losses if taken over. All pure speculation right now on what will happen in the future but insiders were buying recently. IMO


Thank you very much for the explanation!

Bullboard Posts

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