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Chinook Energy Inc. Common CNKEF



GREY:CNKEF - Post by User

Comment by backabockon Aug 24, 2017 9:36am
160 Views
Post# 26616042

RE:RE:RE:CKE will complete 4 New Montney wells by year end

RE:RE:RE:CKE will complete 4 New Montney wells by year endThere are now three suspicous posters here.  They have never expressed any positive views of CKE and yet they seem obsessive about reporting their negative views on the matter.  They frequently make apples to oranges comparisons and misrepresent facts.

Here is their theme:

(a) It is a foregone conclusion that CKE will be out of business in 2-3 years.
(b) CKE has a cashflow/debt problem (even though they are debt free and cashflow positive)
(c) It is impossible to make money in the CDN nat gas market (so why the obsession with CDN nat gas companies?)
(d) CKE is going to "x" and increase risk ("x" changes, but it's always fearmongering and misleading)

I'm tired of this.  CKE is a decent company that has miles of road ahead to plan for the future.  If they want to be acquired, they have plenty of time to strategically position themselves.  If they don't want to be acquired, they have plenty of time to weather bad commodity prices.


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