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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
Comment by 9th0on Oct 21, 2013 3:01pm
199 Views
Post# 21834415

RE:Another Good Day!

RE:Another Good Day!Hi,

BNK Petroleum was actualyl one of the companies that PKN Orlen had on their short-list to JV with but that was until PKN Orlen picked a different junior to JV with.

Personally I think that one (or more) of the following holds true:

a) Fund got interested and they decided to splurge and buy some shares last week and to wait and see what happens - with no news pending.  By the sheer amount of shares that was traded (bought) the price moved up

b) There is some decent news pending from Caney

c) BNK Petroleum will be granted the drilling permit for Gapowo in Poland, this somehow got through and as a result, whoever decided to buy some shares on heavy trading last week bringing the price up

I guess one should continue holding and see which one of the above (may be even none) were the result of the recent momentum.

Cheers,

9th0
Bullboard Posts