GREY:BNKPF - Post by User
Comment by
wittmannon Apr 11, 2017 2:10pm
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Post# 26108137
RE:RE:RE:RE:RE:RE:RE:RE:April 2017 BKX drilling update
RE:RE:RE:RE:RE:RE:RE:RE:April 2017 BKX drilling updateValid discussion is good as gold.But one must admit this company always danced to a different drummer..?..Anyway lately much bad press has oriiginated in OK.because of ground tremors but that's a side note.As for Trump..he's not insane ..far from it .He's actually highly intelligent.Don't get me wrong I don't like the man..never did...but neither does the press.So although he has much to learn about the American political system...he's not alone.Almost everyone I talked to is ignorant of the American system...as well as the Canadian one. Unfortunately.For example the Canadian PM, when he has a majority actually has more political power than the US president..But that's another story too..
They've (bkx)been fracking a long time ..that's true.But not with finances as they are todayThats my point.Things have changed and once again I stress (unfortunately) that when ones reads carefully the company's language, constantly they emphasize being finacially frugal.
To me that says volumes.To most it is overlooked.
It's not always in business simple to clear up financials...BKX is not running a household here.The variables are more profound than just implying that "BKX is broke"..so what now?
I won't pretend to know but I can only wonder.
I look at facts..Polygon only sold half their position..why?Insiders bought more recently..why? Share reversal coming..so why buy at all now?
If reversals are bad why is the volume up and Share price to ,on average , the last few weeks?..
Why are we at this price? Why aren't we below 20cents as was your fear a few weeks ago?Why didn't Polygon sell ALL their shares?What's up their sleeves?
Or better yet..what's up BKX's sleeve.