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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 RollinInDoughon Oct 03, 2019 4:18pm
90 Views
Post# 30193601

RE: 2ml in bank US and growing . .40 by summer

RE: 2ml in bank US and growing . .40 by summerRambo... summer is doine and where is this 40 cent stock price you said was coming?

I think you were off a bit...

oh... was there an error and you really meant 4 cents, not 40? 

also, that $2 mill they had in the bank... almost all gone... if you deduct their liabilities that entire $2 mill is pretty much gone and production is lower... this is not good here, not good at all.... hanging on by slashing corp costs like insurance, head count, salaries etc,.... if they ever see an upswing... they will use any more revs to bring those slashed benefits back... shareholders have to be upset here yet I see the losers still in love here... strange indeed
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