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CONA RESOURCES LTD T.CONA

"Cona Resources Ltd is a Canadian company which is engaged in the exploration for and the acquisition, development, and production of petroleum and natural gas reserves in western Canada. The company owns an interest in Cactus Lake property, Winter property, Court property, Cuthbert property, Mantario property, Thermal properties and others."


TSX:CONA - Post by User

Post by OOU812on Nov 22, 2017 10:47am
145 Views
Post# 27011207

Volume

Volume
I checked out Cona's volume over the last 30 days, worked out
to about 4.2 million shares or $9 mil worth.Over the same period
Cardinal's volume was 46 mil shares or $200 mil worth.
Cardinal with its $500 mil market cap is quite small by institutional
standards yet seems to be getting a fair bit of interest.
You have to wonder how a company that isn't much bigger
gets 20 times more dollar value in trading.
If Cona wants to rely exclusively on retail investors maybe they
should change the name from Cona to Cannabis.
 
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