GREY:BNKPF - Post by User
Comment by
wittmannon Apr 18, 2020 11:19am
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Post# 30925226
RE:RE:RE:RE:RE:2019 Annual Results
RE:RE:RE:RE:RE:2019 Annual ResultsDon't know about carbonbull,but it always seemed to me that some of these guys show up...pump the stock(As if anyone cares lol) and vanish.Weve had our share of them Broker,and I pay no attention to any of 'em,because..well,simply put ,there's nothing these guys post that we don't know..zero.
Your points are well taken,but the most critical at this time is the banks actually support this company.Thats very unusual.Most small oil company's in the world will not survive.
There are a few unknowns with BKX,How badly did their strategic review fail?..what were the terms?In hindsight we just were kept in the dark...but did they know something in regards to future oil prices?Their hedging supports this ,and now throw in Covid19 and the oil war and management looks quite smart indeed.
This company has survived drastic setbacks in the past and despite what some useless posters here think,they have survived.
Will they in the future?..that's anyone's guess,but when the oil world returns to normal,any small oil company that's left ..will definitely be a great asset.