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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 alank1on Apr 12, 2019 4:32pm
32 Views
Post# 29620957

RE:RE:Smart Money

RE:RE:Smart Money kfg and hrh have similar market valuation so if kfg will takeover hrh at least will need a 4 million deal that will left us with a big debt if the deal will not include shares as part of the payment, also we will be dependant to use hrh current assets to pay that debt, i think buy a part of their operation was a more intelligent step since we can buy other assets from other companies, have all the eggs in one basket will be a stupid decion like selling this stock.
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