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KFG Resources Ltd. V.KFG

KFG Resources Ltd is a North American based company. It is primarily engaged in the production of crude oil and natural gas in the United States. It has developed onshore oil and gas reserves with activities concentrated in Concordia, Catahoula Parishes, Louisiana, Wilkinson Counties, Mississippi, Comanche County and, Kansas. Also, the company is focused on participating in the drilling of shallow wells in north-central Texas.


TSXV:KFG - Post by User

Comment by loubastoneon Dec 12, 2018 10:39am
41 Views
Post# 29102945

RE:RE:RE:KFG Update/News- Buyback approved!!

RE:RE:RE:KFG Update/News- Buyback approved!!I don't think you understand how much paperwork is needed and legal clearance to complete buy backs...check out SNF.V they were working on getting one done for months and now the stock has regrouped nicely. If insiders sell to the buy back you would see it on the insider report of who is buying and selling. I don't expect any insider to sell, that would be silly. Be happy were invested in a small cap oil stock that has survived the oil plunge without having to take on massive debt and has grown its cash position, which has allowed it to eventually complete a share buyback
bimsox69$ wrote:
What is the status on the company buyback. I see that insiders are still actively trading, Is this not a conflict of interest as Kevin knows the details of the buyout and the time frame? With the lack of interest in this company the only way I can sell my shares is thru the buy back. It's been over a month how long does it take to get the paper work submitted.


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