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BNK Petroleum Inc T.BKX

Sector: Energy | Sub-Sector: Oil & Gas E&P
Alternate Symbol(s):  BNKPF

BNK Petroleum Inc is engaged in exploration, development, production and marketing of crude oil, natural gas and natural gas liquids.
Price: $0.33 | Change: +$0.02 | %Change: +6.45%
Volume: 460,014 | Day High/Low: 0.35/0.31 | 52 Week High/Low: 2.36/0.285
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0 stars

BKX Lagging (+5%?)

Hey guys as I said a couple weeks back I sold all my BKX (I invest my entire networth into one stock) as there was no guidance from management when promised at the end of November. Ive made back 30...read more
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RE:RE:RE:RE:RE:RE:What type of cash position does this company have??

Management must be in disbelief at the current share price and scrambling to keep there main investors assured there plans going forward will provide returns........write now all holders are negative....read more
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RE:RE:RE:RE:RE:What type of cash position does this company have??

another down day........if it stays here or goes lower it will just be a day trading stock  rate and reply
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RE:RE:RE:RE:What type of cash position does this company have??

thanks for the post...your post are helpful...I'm long holder going forward but discouraged with oil dropping and just general bad sector news  rate and reply
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RE:RE:RE:What type of cash position does this company have??

Germtech, My advice, try to "pry" some information out of BNK headquarters. I think it is a sound company, it is a small cap in the wrong sector at the wrong time. Unfortunately, small caps will be...read more
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RE:RE:What type of cash position does this company have??

OK thanks.....but why are we so low at $0.31......must be more then jost oil dropping. I'm starting to wonder if they will recover to the last IPO......I've been patient on this stock...at time shows...read more
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RE:What type of cash position does this company have??

I have asked that question myself. The thing is "we i.e. retail investors", have little knowledge of what is going on. Good luck, with prying any information out of BNK Petroleum headquarters if not...read more
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What type of cash position does this company have??

Seems like the share holders / company are now in a squeeze position. How much working capital does the company have?? At current expense rate how long will it last? Is there a risk of going under...read more
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RE:RE:RE:RE:RE:Buying opportunity?

Bettzie-----can I ask you if you got that directly from Investor Relations, as so far I cannot get any confirmation from the company, but I hope you are right. - -ATB----redeye.  rate and reply
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RE:RE:RE:RE:RE:RE:RE:RE:RE:Buying opportunity?

Yes, true on being scooped up if Poland results are good. The big question is for what price, given the present economic conditions in oil. Given that George Soros has a huge position at 2.50 ish...read more
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RE:RE:RE:RE:RE:RE:RE:RE:Buying opportunity?

If we get a positive NR out of Poland I doubt we'll be around for 2 years, given how low share price is someone may scoop us up for a huge discount. Any junior that has enough cash on hand to survive...read more
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RE:RE:RE:RE:RE:RE:RE:Buying opportunity?

Yes, I think partially that for BNK 75 dollar had a lot to do with their hedging program, as in the news release. However, 75 may be also, economic for BNK too. It is hard to say at 55-60 oil if they...read more
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RE:RE:RE:RE:RE:RE:Buying opportunity?

We only need oil above $75 if I remember correclty - and no one has a clue where oil is going in 2015 lol if they did the oil price revision wouldn't have come outta left field. Maybe it'll go down to...read more
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RE:RE:RE:RE:RE:Buying opportunity?

Won't matter.......we are in for a few years of low oil prices.  rate and reply
1.5 stars

RE:RE:RE:RE:Buying opportunity?

News re: Poland prior to Christmas according to investor relations. Best to all.  rate and reply
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Oil Companies - Insider buying and share buybacks

It is interesting to note, that a lot of the insider buying and share buybacks stopped on Nov 28 (OPEC meeting). There is still buying going on of course, but it appears most companies have stopped on...read more
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Well people it comes down to one thing now. Can they pay

back the dept. Creative accounting and restructuring will be comin words out of western Canada soon. There is no rush in buying , these things take time . take care all. allernun  rate and reply
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RE:RE:RE:RE:RE:RE:Buying opportunity?

I personally think that its anyones guess as to what will happen in the future with antything related to oil.In reality the opinions on this board are every bit as accurate as anyone's on the news...read more
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RE:RE:RE:RE:RE:RE:Buying opportunity?

Well...companies always have the choice to merge, I think that's the most likely play for small cap producers.  rate and reply
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RE:RE:RE:RE:RE:Buying opportunity?

The saudis may keep oil prices extremely low for a few years. That will obliterate alot of companies.  rate and reply