ROK Resources Inc V.ROK

Alternate Symbol(s): ROKRF | RKRWF | V.ROK.WT

Energy Oil & Gas E&P

ROK Resources Inc. is primarily engaged in exploring for petroleum and natural gas development activities in Alberta and Saskatchewan. The Company’s diversified asset base in both Southeast Saskatchewan and Alberta is weighted to light crude with opportunities for natural gas development in the Kaybob area of Alberta. Its core assets include Southeast Saskatchewan, which comprises oil weighted conventional Frobisher and unconventional Midale prospects and covers over 131,000 net acres, and Kaybob Alberta, a gas weighted, stacked multi-zone reservoir with upside locations in the Cardium, Montney, Bluesky and Dunvegan formations. The Company covers over 75,000 gross (45,000 net) acres in Kaybob.

TSXV:ROK - Post by User

ROK Resources Inc > I've been loading up on the warrants.

<< Previous

Bullboard Posts

Next >>

Comment by gopats999999999on Apr 19, 2022 12:06am

168 Views

Post# 34612186

RE:RE:I've been loading up on the warrants.

I'm not in for a takeout. I find that unlikely until this team has a chance to see what they've got with the drill bit. This will rerate once they have some earnings and the share structure/debt/hedges are better understood. I think the next driver is the announcement of their capital program for the year and their guidance going forward. There will still be hesitancy for the 1st full quarter but then the results will come in and the debt will be falling and the market will gain awareness. Many investors are just too intimidated to try to figure out how much a company is worth this early in the play. Evidence of success, capital discipline and some good promoters will spur this along.

It's way too small for Eric Nuttall. I can dream of Josh Young or even some of the better promoters on twitter like "white tundra", "KramerKarma", or "Canadian Energy Analysis" to name a few

<< Previous

Bullboard Posts

Next >>

Advancing flagship Ishkõday Gold Project in Ontario