GREY:BNKPF - Post by User
Comment by
pabalooon Dec 12, 2017 12:50pm
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Post# 27139198
RE:RE:Reverse Split
RE:RE:Reverse SplitStill think they'll do the reverse split in the new year to raise money for more drilling. Borrowing is probably not an option unless they are proceeding slowly and also using cash flow to fund future wells. Think it's going to be dead money here for a year as there's no catalyst to drive the share price. Will have an update on future drilling which won't be for many months and I'm sure there is going to be a drop in production going forward as the Wells start to find there sweet spots. I have no more shares but may buy back in after the split and before future drilling next year. Good luck to everyone except a couple of the Bozos do your own due diligence don't rely on the clowns here.