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Bullboard - Stock Discussion Forum Silk Energy Ltd SLKEF

Silk Energy Limited is a Canada-based resource company. The Company acquires undervalued oil and gas assets in Kazakhstan. The Company, through its subsidiaries, owns a 50% interest in the KMG Ustyurt license (Ustyurt). The Company focuses on exploring and developing Ustyurt, an onshore oil and gas concession comprising approximately 6,500 square kilometers in the Caspian Sea region of the... see more

GREY:SLKEF - Post Discussion

Silk Energy Ltd > Not enough volume to move it.
View:
Post by driller1a on Aug 09, 2018 1:01pm

Not enough volume to move it.

Look back at the last two pumps on the chart. It will need 7-9 million shares at least to move it significantly. Watch end of day. Once people realize it's not going any higher. 4 cents will look pretty good on a stock that was 2 cents a couple days ago.
Comment by driller1a on Aug 09, 2018 1:04pm
plus you got people bidding under the current share price trying to get out.
Comment by yixter on Aug 09, 2018 1:04pm
I disagree bet it holds high of day!!
Comment by Kubz1234 on Aug 09, 2018 1:09pm
If a fat nr comes tmrw ouu that would be nice 
Comment by driller1a on Aug 09, 2018 1:11pm
Don't say I didn't warn you. Now there are people trying to get out at 5 cents.
Comment by Mex2million on Aug 09, 2018 1:17pm
Yeah like a whole 15k shares!
Comment by Trad3Hav3n on Aug 09, 2018 1:24pm
This post has been removed in accordance with Community Policy
Comment by driller1a on Aug 09, 2018 1:26pm
Look again. As time wears on with no continuous buying these pennies lose value. Think about it. The pros that bought this paper a couple days ago are selling it at 5 cents for 150% profit. 4 cents later today will be 100% profit. A move of 2 to 6 cents is the same percentage move as 20 to 60 cents. Of course they should sell.
Comment by yixter on Aug 09, 2018 1:37pm
I think there was more shares bought between.045-.06 than what sold it to .03 so your theory holds no water!!!
Comment by yixter on Aug 09, 2018 1:43pm
Quit being so cheap and just buy driller your antics are pretty see through!$
Comment by Mex2million on Aug 09, 2018 1:46pm
Yup, probably sitting on the bid at .045
Comment by Trad3Hav3n on Aug 09, 2018 1:54pm
This post has been removed in accordance with Community Policy
Comment by driller1a on Aug 09, 2018 2:05pm
yixter's here. He's pretty good and usually in on these things early on. So, if ism is trying to get into the niche business of vaping pot for medicinal purposes. What was this recent Silk energy purchase all about? Are they planning to do both mining and pot businesses?
Comment by yixter on Aug 09, 2018 2:14pm
No they aren’t doing the weed thing they are getting into the oil business look at the transaction they are about to do and where it is this is a great story taking shape here in my opinion!!
Comment by kasking on Aug 09, 2018 2:29pm
Yea...I’m one of those guys that bought at 06. story of my life buy when everyone else is selling
Comment by Trad3Hav3n on Aug 09, 2018 2:35pm
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Comment by Mex2million on Aug 09, 2018 2:38pm
Have some patience! These guys are buying $80 million worth of asset for $25 million, and at a deemed share price of .20. do the math!
Comment by Trad3Hav3n on Aug 09, 2018 2:42pm
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Comment by Mex2million on Aug 09, 2018 2:46pm
It might take a little time but once they ink this deal we should be close to .20. just have to hang tight for awhile!
Comment by Mex2million on Aug 09, 2018 2:58pm
Some people are happy with a penny! I am not! Bought at .035 and holding for news!
Comment by Trad3Hav3n on Aug 09, 2018 3:05pm
This post has been removed in accordance with Community Policy
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