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Kolibri Global Energy Inc BNKPF

Kolibri Global Energy Inc, formerly BNK Petroleum Inc is an exploration company. It is focused on the acquisition, exploration, and production of oil and gas reserves. The company owns and operates shale oil and gas properties in the United States. Its segments include the United States, Canada and Other.


GREY:BNKPF - Post by User

Bullboard Posts
Post by tinman8on Jul 31, 2009 10:29am
472 Views
Post# 16181577

BKX share price potential -

BKX share price potential -Originally split from the parent company (BNK)  -  BKX had an initial value of $2.50.
Given the fundamentals one can easily imagine the SP recovering to at least half this.
However, realistically I'm not calling for $1.25  this year, -  but I would not be surprised to see it 'knocking on the door'  at close to a buck by some time this fall - when the inflection point comes between over supply in storage, and greatly reduced production.
GLA - I'm still adding to my holding.
Bullboard Posts