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ROK Resources Inc V.ROK

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

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
Post by hockeylad33on Nov 29, 2012 8:58pm
414 Views
Post# 20663753

Dorados-1x

Dorados-1x

Had a response from SNN  IR saying that the rains had delayed the testing, but the rig was mobilized just over a week ago and testing was ongoing.  Since that time, there have been approx 2-2.5M shares traded and the stock has gone from about 0.135 - 0.12, not really a precipitous drop, and certainly not on high volume (that's about $350K worth of stock in a week).

A response from Krishna mentioned they expect to release news by Dec 15th.

i do not believe the drop thus far has had anything to do with results.  This does not mean they will be good results, but it does mean nothing has yet changed except that we are closer to those results.

I bought more again today.  Time will tell.

 

Bullboard Posts