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Bullboard - Stock Discussion Forum CONA RESOURCES LTD T.CONA

"Cona Resources Ltd is a Canadian company which is engaged in the exploration for and the acquisition, development, and production of petroleum and natural gas reserves in western Canada. The company owns an interest in Cactus Lake property, Winter property, Court property, Cuthbert property, Mantario property, Thermal properties and others."

TSX:CONA - Post Discussion

CONA RESOURCES LTD > New Lows $1.95
View:
Post by bonjovi501 on Aug 30, 2017 9:51pm

New Lows $1.95

and it was very easy and wonder if we will keep losing ground and might see us $1 by end of year at this pace. Boy do we need oil at $60.....
Comment by ppp on Aug 31, 2017 1:35pm
IMO this is a good company. If the big boys want the share price to go down it will go down. Most likely good in the long term get rid of all the weak hands and start repairing the chart. As far as taking it private that makes no sense. IMO these guys are going to repair the blance sheet and get this trading north of 5 in a year or so. 
Comment by ppp on Sep 01, 2017 12:44pm
What would make the most sense is to merge Strath with Cona, Keep Cona public and form another company with the same plan as Wheaton River Minerals had. The sector is in about the same shape as the gold sector was when Wheaton first got started.  IMO