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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

Bullboard Posts
Post by ajootianon Oct 28, 2001 9:40am
220 Views
Post# 4340490

Any KFG Fans Still Around?

Any KFG Fans Still Around?I've taken a close look at this company and pretty close to buying in. Just waiting to see if natgas prices hold up over $3 after storage fill season ends. The big roadblock in the way of future appreciation is the 9.2 M warrants that expire in July, with a strike price of $.35. But I believe with the projects in hand this company can blast through that wall. Without figuring the warrants in the fully diluted shares, the company is immensely undervalued. So if they expire worthless then the stock should go up in any event.
Bullboard Posts