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Manitok Energy Inc MKRYF

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

Bullboard Posts
Comment by crazyinvestoron Feb 06, 2017 11:16pm
123 Views
Post# 25808128

RE:RE:RE:Real Deal

RE:RE:RE:Real DealThanks guerreiro. Some may not agree with you, but it is only because they hate someone bad mouthing the poor performance of a stock that they have their hard earned money invested in.
I get it. I want Manitoks s/p to flourish. I have for a long time, but its not. WHY? WHY?
I will go through your list and answer them in order. These are all my opinions and only mine.

I think Manitok management has done an ok job. They lost the trust of the market but they have kept the company a float at the cost of their long term share holders. I give them a C-. The market it seems gives them an F, and large institutions wont go near this one right now.

I think a rollback would slaughter the share holders of this company. I have never seen a rollback 
ever help the share holders that are invested at the time of the rollback. We lose a large position 
of our shares and the s/p ends up going down and sometimes right back to were it was when the rollback was taken place. I realize that some institutional buyers wont go near a stock under a dollar, but a rollback is not, never, the way to go.

A buy out would be my favourite choice of the three. It would give us new management, no rollback,  and get us out of this nightmare. 

All I am saying here is that our last update was on Dec. 8th. That to me is a kick in the face
to all share holders. Problems, good news, lack of employees....what ever. The share holders 
of this company should have been updated weeks ago. Manitok has lost all corrispondence with
the market and the same now goes with their share holders. If they are looking at the s/p of their
company and aking themselves why its at $.15...... well, this is why. 

Bullboard Posts