Niko Resources Ltd NKRSF

RE: RE: RE: value play company

[shiftman]

I don't know about these companies, however when Oil Eco went  into receivership the insiders tryed to buy the assets and start up under an other company name reverse takeover.

some of the investors blamed the banks

eventually the insiders did buy some of the assets and start up under Vallero or something

the new  investors would not listen to common sense, that the properties had problems were not really that good.

the company changed names again

but in this story you can be sure RBC got their money back on the NKO  financing before the plug was pulled on the share price.

get out while you can