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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
Post by himmleron Apr 13, 2017 11:30am
124 Views
Post# 26118119

just visiting

just visitingI invest in many oilcos and always looking at new prospects.You lads have a rabid pumper (Auborn2) that had gotten my attention to this stock.At first glance it seems to be a value stock(according to their website)..with numerous positives.Debt is high but thats an issue with all these penny stocks.But sometimes the market does all the talking.
And thats the problem.This company doesnt move despite oil prices climbiing in the last few weeks..makes me wonder what the market knows that we all dont.One cannot dipute facts..this stock should be moving up and its not...I will never buy the argument of  "have patience."
Thats one I've heard to many times with some of the stocks that I own.Its meaningless banter usually by holders that are so under water they have no choice.
As I said, this company appears reasonable..but the lack of interest is concerning.
Bullboard Posts