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Chinook Energy Inc. Common CNKEF



GREY:CNKEF - Post by User

Post by CBalardoon Mar 08, 2019 10:56am
145 Views
Post# 29461107

Even if there is a takeover

Even if there is a takeover Another company may get this for 30-40 cents or try to? That would still be 1/3 of what there assets are worth, let’s face it the directors knew when to lock their options in at .14 cents last month. They could also sell in sections. Either way I can’t see them getting this stock for under 70 mill so it’s odd that the bidding is not as active. I added with some Pony and more Storm as well bargain prices. I have been wrong before, But I think this one will get assets torn apart between Storm and Black swan. Should be able to make a decent gain here 20-70%. The big news I think will come in the next  1-2 years is Exxon joining with Cheveron. People tell me I’m nuts but,I called patronas joining with Shell ,so it maybe in the works. I’m just waiting for the shorting to come back and short this down to 12 cents,but maybe I’m not so lucky to get them that cheep again. 
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