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Montello Resources Ltd MLORF

Montello Resources Ltd is an oil and gas company engaged in the evaluation, acquisition, exploration and development of properties in Western Canada and Tennessee,...


GREY:MLORF - Post by User

Post by claymore55on Sep 16, 2021 10:05pm
267 Views
Post# 33875753

HEAVY VOLUME TODAY

HEAVY VOLUME TODAY2,185,600 shares traded today; average volume 55,500.

Why?

One possibility is that a lot of privately owned oil companies are up for sale, and if they can't get the cash they seek,  they will go public.  A shell company like Montello may come in handy to facilitate the listing.

Yeah, I know, we have been down this road before, but then you never know.
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