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Bullboard - Stock Discussion Forum ROK Resources Inc V.ROK

Alternate Symbol(s):  ROKRF | RKRWF | V.ROK.WT

ROK Resources Inc. is primarily engaged in exploring for petroleum and natural gas development activities in Alberta and Saskatchewan. The Company’s diversified asset base in both Southeast Saskatchewan and Alberta is weighted to light crude with opportunities for natural gas development in the Kaybob area of Alberta. Its core assets include Southeast Saskatchewan, which comprises oil weighted... see more

TSXV:ROK - Post Discussion

ROK Resources Inc > Share Value per flowing BBL..... ROK is undervalued
View:
Post by smallcinvestor on Nov 05, 2024 11:47am

Share Value per flowing BBL..... ROK is undervalued

ROK  218MM shares  / 4500 BBL = 48,444 shares/BBL  X $.18 = $8720 /BBL

CR   159 MM shares / 22376 BBL = 7105 shares/BBL x $6.70 = $47,604 / BBL

TVE  549 MM shares / 64,143 BBl = 8532 shaes /BBL x $4.10 = $34,983 / BBL


ROK  should  be  4 to 5  times  current  price....JMHO
Comment by smallcinvestor on Nov 05, 2024 11:54am
Should have  been  CJ  not  CR