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Bullboard - Stock Discussion Forum Big Banc Split Corp T.BNK

Alternate Symbol(s):  T.BNK.PR.A

The investment objectives for the Preferred Shares are to provide their holders with fixed cumulative preferential monthly cash distributions in the amount of $0.05 per Preferred Share ($0.60 per annum or 6.0% per annum on the issue price of $10.00 per Preferred Share) until November 30, 2023 (the Maturity Date) and to return the original issue price of $10.00 to holders on the Maturity Date... see more

TSX:BNK - Post Discussion

Big Banc Split Corp > Geo-Jade Petroleum is a good news : ))
View:
Post by Quick4you on Mar 30, 2016 8:37pm

Geo-Jade Petroleum is a good news : ))

That creates of the visibility and it's very good for Bankers Petroleum.

Several analysts had a target higher than $CA2.20 then no risk with or without Geography-jade Petroleum Corp.




Bankers Petroleum is a Calgary-based oil & gas company with a large portfolio of heavy oil assets in Albania.

The company has a strong management team that has focused on maximizing realized prices through a strong crude marketing program and minimizing costs at every level of the business. This strategy has been a real advantage to Bankers in the current pricing environment. As well as a focus on maximizing margins, the company was quick to reduce capital spending in line with cash flow in reaction to declining commodity prices. This has protected Banker’s strong balance sheet even as oil prices have remained unsupportive. In addition to protecting the downside, the company has the flexibility to quickly increase drilling activities if commodity prices warrant. This combination of a strong balance sheet and torque to rising commodity prices makes Bankers one of the best positioned junior oil & gas companies in this uncertain commodity environment.


Swanzy Quarshie
Comment by staz on Mar 31, 2016 2:40am
That's a deep insight. Good news. Well,yes.From $1.11 to~$1.80( and potentially to $2.20). Of course,now if even the deal doesn't go through ,which I don't think will happen, SP won't go back to $1.11. The question is if to buy more along with insiders at these levels. Still, 20% premium in 3 month.
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