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Kolibri Global Energy Inc BNKPF

Energy
Kolibri Global Energy Inc, formerly BNK Petroleum Inc is an exploration company. It is focused on the acquisition, exploration, and production of oil and gas reserves. The company owns and operates shale oil and gas properties in the United States. Its segments include the United States, Canada and Other.


GREY:BNKPF - Post by User

Kolibri Global Energy Inc > Price
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Comment by himmleron Sep 12, 2017 9:01am
60 Views
Post# 26683727

RE:RE:RE:RE:RE:RE:RE:RE:Price

RE:RE:RE:RE:RE:RE:RE:RE:PriceEver heard of a company called Allen-Vangard?..They were a canadian company that made defense equiptment in the form of protective suits and assorted military clothing and hardware.I owned them a decade ago..they went private and I lost every cent....no lawsuits...nothing.
Be carefull what you wish for lol.'
Its unlikely they would do that though...they are in the business to increase value ..sell and move on with another project.(like they hoped for Poland).
Share buy back isnt the best scenerio either...although we have many outstanding shares...a buyback takes money out of therir own finances...which contradicts your own statement about "funding future development".
Share buy backs usually  are done buy companys that have some surplus cash.Its also a strategy that isnt liked by many investors....they would rather see dividend increases..which of course we will never see.
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