ROK Resources Inc V.ROK

Alternate Symbol(s): ROKRF | RKRWF | V.ROK.WT

Energy Oil & Gas E&P

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

ROK Resources Inc

Bullboard Posts

Post by Public_Heelon Feb 18, 2016 4:17pm

141 Views

Post# 24572334

How the market is handicapping the distribution

AMER shares now worth .10+
Add cash of .35
Add stub value of .03
= total .48

market = .33

share price if management reneges = .20 ?

The share price is more than halfway down from the distribution value to the failed-distribtion price

So the "market" is handicapping a successful distribution at about 50%, fwiw....

Bullboard Posts

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