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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 > What's going on?
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Comment by BrokerGon Jun 20, 2018 4:14pm
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Post# 28201472

RE:RE:RE:RE:What's going on?

RE:RE:RE:RE:What's going on?Typical market maker technique. Sell at the close to drive price down by a penny or two. This illicits more selling by nervous investors. Great for the market makers, who get to buy at lower prices.

Not to sound too paranoid but is it likely they fracked WLC 14-C and found next to nothing. They then came up with a b.s. excuse: " part found blocking well" in order to give them time to re-frack the well?

WHY would they do this?. Because as I mentioned earlier they need $$$$, no one is going to buy Preferred shares and finance them without a successful WLC 14-C well.

just a thought.

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