Greenfields Petroleum Corporation V.GNF

My 2018 pick

[tigris72poo]

trading at 5 year low with tremendous operating, financial and exploration leverage.

GLTA and Happy New Year!   T72

[Public_Heel]

Mine, too.... after VLE, that is. There are scenarios where GNF's upside could be bigger than VLE's, but I think that upside is less certain.

[SlowLoris]

Anyone know why RBC have been such a large, determined and consistent seller? Is this Vitol selling down? ...I seem to remember that they transferred 9.9% to another entity so they wouldn't need to report trade by trade....The stock can't move up in the face of this selling pressure, and without a higher stock price they can't list in London to raise the cash they need to pay down some

[tigris72poo]

I doubt that Vitol is selling.  Most likely some of the convertible debt holders who got stock are blowing it out.  That's just a WAG though

[jollynik6]

WHAT Are your thoughts on this company going into 2018,have heard it mentioned on a few boards,looking for some views from present shareholders. Thanks

[SlowLoris]

Hi, the third party reserves valuation could justify a market cap. 10 times the current figure, but in the short term there is a major seller holding down the price. This logically would be Heaney (12 mil. shares) or the ex-CB holders (33 mil. shares). The volume through the market since they got agressive is about 12mil., so if it was Heaney a rise could be imminent. If it is the ex-CB holders we

[jollynik6]

Thanks I will probably accumulate a bunch at these prices,how about you,what do you believe is the future of this company,no money to be made on cdn. oil gas,this country is in a mess

[SlowLoris]

jollynik6 looks like your timing is good; the persistent seller seems done for now and there has been some buying from insiders. results next month should show some positive cashflow thanks to the debt restructuring, improved oil price and increased oil production from the esp program.....