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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 Budamanon Aug 31, 2017 10:41am
202 Views
Post# 26641852

Roll of the dice

Roll of the diceI have been watching this stock for a very long time, and just decided to take the plunge today. Why would I invest in a company that has so much debt on their books? That is easy. 5000 barrels per day, increasing to 10,000 shortly, and the land they own. Oil prices will not stay where they are for much longer, and as it increases, so will my profit. In my opinion only. Thanks-Buda.
Bullboard Posts