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Bullboard - Stock Discussion Forum Kolibri Global Energy Inc BNKPF

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 Discussion

Kolibri Global Energy Inc > Broker is happy
View:
Post by wittmann on Sep 20, 2017 11:44am

Broker is happy

And me too.Broker you should re-read my previous post from a few days ago.You will see I have no problem with posters and their opinions.Its napkin calculations that I have no use for.It may be harmless bantering...but what really is the use of guessing?
To me that's a waste of time and effort.Look back a few years ..and read the past guesses...they were all %100 wrong.
It's also ok to be negative...especially with BKX...I have been so myself.The other issues I have is past idiots that trashed this company because they lost money on it.Too bad for their losses.I couldn't care less.Then should have held on because this company was never in serious financial trouble.Many calculations here from the past had this company going broke...I never joined in because to me it wasnt a bankruptcy candidate.Credit isn't given to companys in financial trouble...its as simple as that.
Actually ...I don't have to pump this stock at all...the share price says it all...so does the volume.
Comment by pabaloo on Sep 20, 2017 1:09pm
Those 2 clowns should move to North Korea. Napkin math is fine as Long as its Brokers screwed up inputs. If these 3 we'll bring in 1000boe a day it will double production increase proved reserves and increase the likely hood of the other wells they will drill being commercial.
Comment by BrokerG on Sep 20, 2017 1:21pm
I agree with you in regard to the past idiots. We have had a few on this board. I do think it is ok to discuss issues. That is the purpose of the board. For example, do you feel BNK will have the resources[ funds] to continue their drilling program this year?. We have not heard from them on their drilling program past this next well. It will be interesting to see what their plans are ...more  
Comment by wittmann on Sep 20, 2017 6:13pm
Hi Broker Those are good questions.I prefer to look at share pride and volume to sometimes answer questions like that..WHy?..well you and I both know that BKX's record of informing common shareholders isn't the best.So..there's always something going on behind the scenes..especially with financing..I happen to know that many small American Oilcos..did not survive the prolonged ...more  
Comment by auburn2 on Sep 20, 2017 8:11pm
Wittman, let me help you. My post includes facts. I posted to stimulate commentary on those facts. Notice the decline rate, the well costs, the IP, the an allusion to IRRs, and things like that. I hope to get discussions going. For whatever reason these BB's seem to degenerate in words and words that lead nowhere.
Comment by wittmann on Sep 21, 2017 12:05pm
Actually you need the help.You post flawed information and pass it off as facts.You say"allusion to IRR".Do you even understand what IRR means?Obviously not.You talk about decline rates as though that's something worrisome.You do understand that ALL wells have decline rates...but fracked wells have a much higher rate.You do understand as well that despite all the hype in the media ...more  
Comment by pabaloo on Sep 21, 2017 5:58pm
Witless your a piece of work and I would love to meet you just to shake your ignorant hand. You should take your buddy broker to a cabin for some good ole fashion fun. You know it all pair are my daily entertainment who needs tv . You have both lost your life savings in oil companies and cry and cry about it every day. I love that lol it makes me sooo happy I embrace  your sorrow and thrive ...more  
Comment by wittmann on Sep 24, 2017 8:32pm
Auburn..I've truthfully wasted my time reading and analysing you're last five or six posts.I say wasted because that's exactly it.Everyone of your numbers are completely wrong...Your declines rates are actually somewhat normal...especially over a year time....you claim its "exceptionally high"...that's your own negative opinion.You claim $8million per well???based on ...more  
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