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Manitok Energy Inc MKRYF

Utilities Utilities - Regulated Electric
Manitok Energy Inc is an oil and gas exploration and development company. The corporation is engaged in the exploration for, and the development, production, and acquisition of petroleum and natural gas reserves in western Canada. It mainly focuses on conventional oil and gas reservoirs in the Canadian foothills along with crude oil in Southeast Alberta. The majority of its revenue is derived from the petroleum and natural gas.


GREY:MKRYF - Post by User

Manitok Energy Inc
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Comment by bankerboy28on Feb 27, 2014 10:58am
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Post# 22258609

RE:RE:RE:RE:SALE

RE:RE:RE:RE:SALE
Yesterday the price was being held under a wall of $2.40....and today institutions are getting back in cheap before the growth this year....Macquarie did a big block trade of 300000....in my opinion this makes good sense to take the cash and repay some debt or redeploy to more productive assets....this big question to ask is where the price will be a year from now and my guess is that it will be much higher if they haven't been taken out....BB28
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities