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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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Post by jerrybeon Nov 05, 2015 6:42pm
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Post# 24264081

Winter is coming...

Winter is coming...for us shareholders, winter has already been harsh...and it may be the last winter as shareholders of Manitok...definitely feels like it is capitulation time. I should double down (again) but Mass really has not given me any reason to do so. Obscure press releases, stating nothing new...this is where we stand. A rosy investor presentation that shows so much promise and yet a market cap at CAD20M...if things we so rosy, this one would be snapped up at these bargain prices...

Oh well, just waiting for the massive dilution (or puny takeover premium)...either way, I think there is a 90% chance of us not being made whole on our investment in the firm.

Check Granite Oil...fantastic quarter...should have put it all with them. Much safer...
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities