Kolibri Global Energy Inc BNKPF

It’s July

[rajm]

Not that it is pleasant to see stock that was up to $.68 cent or so drop back to .$.46/$.48 but keep in mind there was end of quarter profit taking form some of the big guys and little guys running a bit scared. The apparent delayed or missed results on the newest drill hole adds to the situation. 

Keep in in mind that the assets in the ground now are worth a lot more than the stock currently values them. We will get a good 6 month financial report, get some news on an expanded line of credit and maybe a secondary source of financing.

July is also s weird month - a lot of us are out at the lake!

best of luck

rajm

[germtech1]

your logic of July doesnt make sense....I see other oil stocks on the rise...reason being the increase in oil prices......dont see them on the decline

[BrokerG]

This is a classic take down. They[ market makers, institutions] take the stock down a penny or half a penny a day, so not to cause too much panic. Then the average investor after a week or two notices it went from .65 cents to .43 cents and decides to sell. That is usually when these same market makers and institutions start to buy. In this case I am not sure. It was very obvious someone knew the

[wittmann]

Insider knowledge with such a small company is common it seems.We have seen this same action for a few years now.Remember the bought deal financing a few years ago at about $2.30?..then came the Poland flop.Its a shame we're going down still with impending news.Somebody posted that BKX is the only oil stock down..that's not true at all.CPG,SGY,VET,WCP.to name only a few are far off their

[BrokerG]

Your right it is common, however, it is still done and erodes confidence. Eventually they will not get anyone to supply financing or buy there shares. The WLC 14 1-H well was to the East of the Brock Wells. The map below shows the distance, not sure of the distance of each square 15 and 14.

[wittmann]

Broker,good map.Just couldn't access on this tablet.Looks like as per news release,they're moving back into familiar Brock territory. The news also stated quite clearly that a "major " oil company is footing some of the bill...and work.This could prove to be interesting.The big downside is they expect drilling  mid August...add another month and we're in mid September

[ninetiesgolfer]

SEI is another oil stock that went up today. I believe this company has a wonderful future as long as Colombia issues a fraccing permit to SEI and EXXON, a real possibility now that the country has an oil industry-friendly president.