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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 > Optimism
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Comment by BrokerGon Oct 12, 2019 11:16am
81 Views
Post# 30225294

RE:RE:RE:RE:RE:RE:RE:RE:RE:Optimism

RE:RE:RE:RE:RE:RE:RE:RE:RE:OptimismNot sure I have the same faith in management as you do. We are currently sitting at ALL TIME lows. When Oil went down to $25 boepd in 2015 our stock was trading at .15-.17 cents. Oil is currently hovering between $50 to $60 and we about to go below .10 cents. This is a corporate issue not an industry issue. Comparables like GXO are not trading at ALL TIME lows.

Management cannot sit in their shell and hope someone comes to rescue them. Get out there and get financing or sell to the highest bidder. I cannot beleive someone is not willing to give them .30 to .40 cents. Their reserves are worth at least 100 million.
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