Kolibri Global Energy Inc BNKPF

STRONG SHOWING ON THE SP -

[tinman8]

Over the last two days we have moved up into the 45-49 cent range for the SP - which I predicted as my short to  medium term target back in May.
This has happened even sooner than I anticipated, but given the reasons why this SP is rising rapidly it should be no great surprise.
During the brutal downturn on the markets, juniors were beaten up badly -  especially those without financing and those that had no cash flow from production.
For some reason BKX got grouped in with these type of juniors.
The market seems to be recognising lately that BKX HAS production, HAS cash flow AND financing in place.
The market is also discovering that bargains are becoming scarce in the energy sector.
As such IMHO the SP should (at worst) be no less than a third of its original price of $2.50 - when it was split from BNK last year.
Of course this is just my opinion and each person should do their own DD, but my  next target is 75- 85 cents in the fairly near future.
Good luck all longs