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Atikwa Resources Inc. V.ATK

An oil and natural gas company


TSXV:ATK - Post by User

Comment by Drillin_is_Thrillinon Jun 14, 2012 9:38pm
262 Views
Post# 20016365

RE: Bottom?

RE: Bottom?

I guess we can take some solace that selling has slowed when it reached 3.5 cents but it's lost on me.

 

Regardless of the source ( I have heard the same scenario) ...selling the MB Asset is something that is a possible alternative.  It happened with another company I owned some years ago.  They sold the property that was the only source of production/revenues.  Before the sale..they created a new company and put the unsold assets in it so, in effect, they sold the company when they sold the property.....in ATK's case.......MB.  Shareholders received The proceeds from the sale tplus shares in the new company.

Since they are going nowhere with operations.........we talk about things like this.  

 

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