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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
Comment by mrpanickon May 20, 2015 9:46pm
131 Views
Post# 23747934

RE:RE:Easy 10 bag?

RE:RE:Easy 10 bag?Mourserman, do you really not understand that 15 million in "short term investments" should be counted as cash?  Short term investmernts would be things such as bank CD's.  You seem like a sophisticated investor and should know better than to post misleading stuff like that.

Do you really think that PDQ or theor partners is goign to be doing a lot of drilling near term to burn through that cash? Give me a break.  The company is looking to be acquired.  15 million cash and some blocks.  Current market cap is 5 million.
Bullboard Posts