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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 > TOO LOW
View:
Post by andy604 on Sep 01, 2017 4:20pm

TOO LOW

I agree this is a good company, the oilsands will always be around, starting to buy this company again
Comment by greenhawk on Sep 02, 2017 10:48am
I have been watching the trading of the stock closely. Ever since the dividend cut announcement. Scotia(85) has been selling hard and constnatly hitting the bid. They sell at least 100 every few minutes quite often a lot more when a larger bid  shows up.  I suspect that they represent a fund that had to sell because Cona dropped the dividend. Once they have finished selling the price ...more  
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