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BNX.A/B.V - BNP Resources - Page 64

post #1261 of 1832

I wouldn't even go that far. $7000 between 6c and 9c, that's basically nothing. I feel safe investing in this stock because you can tell that we're almost all on the same page. One guy sells for cheap, and one of us hawks snags a deal on it. No one feels bad buying this because its just got that vibe, and no one wants to sell because the price action doesn't really point to any risk at all. This is probably going to be a post I quote in a year when it ruins me, but I don't see this thing going lower simply because of how tightly held it is, people are almost unanimously going broke before they panic-sell.

 

This stock seems to me like a poker table full of sharks, and at the end of the day we'll all win if we just keep letting people give us their money. The success of the stock is irrelevant to the creation of wealth from it. Assuming we're all still in it, if and when it goes back to 12c, we'll all have at the very least flipped our positions, which makes it worth the risk.

 

$7000 for a 50% appreciation in a company that has a handful of wells already completed and ready to be worked on and which resides within an arm's reach of several major producers. Sounds like a matter of time if you ask me.

Quote:
Originally Posted by LOOPY84 View Post

its funny how little money would send us so high...if only we got some news worthy of it

post #1262 of 1832

Is someone liquidating a position? My waterhouse shows 69 ask and 50 bid.

post #1263 of 1832
Quote:
Originally Posted by YoungInvestor89 View Post

Is someone liquidating a position? My waterhouse shows 69 ask and 50 bid.

Nope:

 

 

# Orders Shares Bid Ask Shares # Orders
2 25000 0.045 0.055 5000 1
1 5000 0.040 0.060 18000 2
1 5000 0.035 0.065 10000 1
3 32000 0.030 0.070 20000 2
2 19000 0.025 0.085 39000 1
post #1264 of 1832
Quote:
Originally Posted by TheBoomShow View Post

Nope:

 

 

# Orders Shares Bid Ask Shares # Orders
2 25000 0.045 0.055 5000 1
1 5000 0.040 0.060 18000 2
1 5000 0.035 0.065 10000 1
3 32000 0.030 0.070 20000 2
2 19000 0.025 0.085 39000 1

 

Theres also 25k bid at 4.5c and ask 69k on Alpha. Someone doesn't feel like waiting until Q2 results, or were being held strictly at 5c or less

until then.

post #1265 of 1832
Quote:
Originally Posted by thedude4599 View Post

 

Theres also 25k bid at 4.5c and ask 69k on Alpha. Someone doesn't feel like waiting until Q2 results, or were being held strictly at 5c or less

until then.


Yeah I see that on Alpha now... strange ASK, and its strange that it went to Alpha.. seems slightly fishy like its a block to keep us down.

post #1266 of 1832
Quote:
Originally Posted by TheBoomShow View Post


Yeah I see that on Alpha now... strange ASK, and its strange that it went to Alpha.. seems slightly fishy like its a block to keep us down.

 

Interesting, the sell order on Alpha got pulled before days end. If we don't see it come back, then it was for sure someone holding us down and not somebody trying to exit the play.

 

On another note, CPG has licensed another well beside us. So that's two wells about 4 miles away that are licensed and ready to drill. Those results once again will add value to BNX's Bakken potential. DTX of course is still licensing and drilling away on a consistent basis.

 

CPEC REAGAN 16-19-2-21
PRODUCTION - OUT (C)
Well ID: 00/16-19-002-21W4/0
Fluid: CRUDE OIL
Licensee: CRESCENT POINT ENERGY CORP.
License Date: 20-Aug-2012
Projected Depth: 3,300.0 m
Field: REAGAN
Terminating Zone: EXSHAW FM

 

Last week

CPEC REAGAN 14-16-2-21
PRODUCTION - OUT (C)
Well ID: 00/14-16-002-21W4/0
Fluid: CRUDE OIL
Licensee: CRESCENT POINT ENERGY CORP.
License Date: 14-Aug-2012
Projected Depth: 3,157.0 m
Field: REAGAN
Terminating Zone: EXSHAW FM

post #1267 of 1832
Quote:
Originally Posted by thedude4599 View Post

 

Interesting, the sell order on Alpha got pulled before days end. If we don't see it come back, then it was for sure someone holding us down and not somebody trying to exit the play.

 

Yeah for sure something strange.. if you are looking to exit why would you put it for an expiry at end of day? If its a computer generated ASK it needs to be reset at the start of each day, similar to the old ANON 1000 share orders from last year we kept seeing.

post #1268 of 1832
Quote:
Originally Posted by TheBoomShow View Post

 

Yeah for sure something strange.. if you are looking to exit why would you put it for an expiry at end of day? If its a computer generated ASK it needs to be reset at the start of each day, similar to the old ANON 1000 share orders from last year we kept seeing.

 

Anonymous buyer today, TD seller. Planned trade? This has hold down written all over it. Perhaps trying to do a PP @ 5c.

post #1269 of 1832
Quote:
Originally Posted by YoungInvestor89 View Post

 

Anonymous buyer today, TD seller. Planned trade? This has hold down written all over it. Perhaps trying to do a PP @ 5c.

 

It's possible, but even at 6c the company is allowed to do a pp at 5c(upto 25% pp discount). Bilcox still needs to get back his shares, unless all he did was transfered them to another one of his accounts and did not need to disclose that.

 

The TD that was selling today is most likely the same person that took out Privco back in June. No other large buyers except TD have come around in the last few months, and maybe that same person

wants to keep the price down and shake out some shares for themselves and Doody.

post #1270 of 1832
Quote:
Originally Posted by thedude4599 View Post

 

It's possible, but even at 6c the company is allowed to do a pp at 5c(upto 25% pp discount). Bilcox still needs to get back his shares, unless all he did was transfered them to another one of his accounts and did not need to disclose that.

 

The TD that was selling today is most likely the same person that took out Privco back in June. No other large buyers except TD have come around in the last few months, and maybe that same person

wants to keep the price down and shake out some shares for themselves and Doody.

 

As we expected, another fakeout to keep the price down. If TD was a serious seller, they would have left that 69k sell order at 5c. Remember when Privco was selling? They were putting 100-300k sell

orders at a time even with the same volume/L2 as now because they wanted out for whatever reason.

post #1271 of 1832

wake me up when something happens...i hope this is just stuck in the summer time low volume/no news blues yawn.gif

post #1272 of 1832

early morning action for the first time in a while, hopefully it sticks around until market open:

 

 

# Orders Shares Bid Ask Shares # Orders
1 8000 0.060 0.055 5000 1
1 5000 0.040 0.060 18000 2
1 5000 0.035 0.065 10000 1
3 32000 0.030 0.070 20000 2
2 19000 0.025 0.085 39000 1
 
post #1273 of 1832

and bumped back down again with a 3k sell.. someone really wants us at 5cents... 

post #1274 of 1832

House 15 pushed us down, with Anon flip flopping shares again today.

 

 

Time Price Shares Change Buyer Seller
10:49 AM EDT 0.050 3,000 0 001 015
9:30 AM EDT 0.060 3,000 0.010 079 007
9:30 AM EDT 0.060 5,000 0.010 079 001
post #1275 of 1832
Quote:
Originally Posted by TheBoomShow View Post

House 15 pushed us down, with Anon flip flopping shares again today.

 

 

Time Price Shares Change Buyer Seller
10:49 AM EDT 0.050 3,000 0 001 015
9:30 AM EDT 0.060 3,000 0.010 079 007
9:30 AM EDT 0.060 5,000 0.010 079 001

 

Seriously, so much effort to keep us here. Yet PP's and shars for debt have all been at 6c. I still think Bilcox is going to buy back his position at 5c(from what he sold privately at 6c) and get that extra 450,000 shares for the same price. He's done this before as I found some new info the other day.

 

http://100000goal.com/tsx/b/bnx.php

 

While Doody was buying shares back in 2010 between 7-9c, Bilcox was selling some. I honestly think Bilcox doesn't have that much to invest in the play, so he keeps selling to maximize his position/payout. Whereas Doody has just been loading up the truck, almost 3 years now.

 

 

Transaction Date Insider Name Owner Type Transaction Type Number of Shares Share Price Value Currency
2010-07-27 Doody, James Evans Direct Acquisition 500 0.80 400.00 CAD
2010-07-15 Doody, James Evans Direct Acquisition 500 0.80 400.00 CAD
2010-07-14 Bilcox, Gregory Alan Direct Disposition -50000 0.08 -4000.00 CAD
2010-06-18 Bilcox, Gregory Alan Direct Disposition -35000 0.08 -2800.00 CAD
2010-05-20 Doody, James Evans Direct Acquisition 500 0.80 400.00 CAD
2010-05-05 Doody, James Evans Direct Acquisition 1500 0.80 1200.00

CAD

 

This is also some buying from an old SH post in 2010:

 

 

Sep 29/10 Sep 29/10 Doody, James Evans Direct Ownership Common Shares Class A 10 - Acquisition in the public market 91,000
.080
Sep 29/10 Sep 29/10 Doody, James Evans Direct Ownership Common Shares Class A 10 - Acquisition in the public market 80,000
.070
Sep 28/10 Sep 28/10 Doody, James Evans Direct Ownership Common Shares Class A 10 - Acquisition in the public market 10,000
.070
Sep 27/10 Sep 27/10 Doody, James Evans Direct Ownership Common Shares Class B 10 - Acquisition in the public market 8,000
.800
Sep 27/10 Sep 27/10 Doody, James Evans Direct Ownership Common Shares Class B 10 - Acquisition in the public market 1,500
.780
Sep 27/10 Sep 27/10 Doody, James Evans Direct Ownership Common Shares Class B 10 - Acquisition in the public market 3,500
.500
Sep 27/10 Sep 27/10 Doody, James Evans Direct Ownership Common Shares Class A 10 - Acquisition in the public market 84,000
.080
Sep 27/10 Sep 27/10 Doody, James Evans Direct Ownership Common Shares Class A 10 - Acquisition in the public market 110,000
.070
Sep 27/10 Sep 27/10 Doody, James Evans Direct Ownership Common Shares Class A 10 - Acquisition in the public market 162,000
.060
Sep 15/10 Sep 15/10 Doody, James Evans Direct Ownership Common Shares Class B 10 - Acquisition in the public market 4,500
.600
post #1276 of 1832

Waterhouse has a flashy new T-R report for us, even though it lacks a lot of information since the data doesn't exist (stuff like risk). Not really that informative, but it does compare our performance to other micro-caps...

 

Who bought/sold today? TMX says no trades occured... Alpha?

post #1277 of 1832
Quote:
Originally Posted by YoungInvestor89 View Post

Waterhouse has a flashy new T-R report for us, even though it lacks a lot of information since the data doesn't exist (stuff like risk). Not really that informative, but it does compare our performance to other micro-caps...

 

Who bought/sold today? TMX says no trades occured... Alpha?

RBC was the seller and Anon was the buyer...... same old same old.

post #1278 of 1832
# Orders Shares Bid Ask Shares # Orders
3 57000 0.045 0.055 3000 1
1 5000 0.040 0.060 17000 2
1 5000 0.035 0.065 10000 1
3 32000 0.030 0.070 20000 2
2 19000 0.025 0.085 39000 1
post #1279 of 1832

feeling a lot more confident about this play....even though the stock is sh it right now and management is so damn quiet (and I've never invested in an oil play b4) this is all about location location location...as more companies drill around us and if they continue to find oil, we will be valued at a nice premium no matter what are sp is doing....that is how i take it at least, again I'm a novice in oil plays

post #1280 of 1832

Q2 is suppose to be out, but I can't find it anywhere.

 

http://www.newswire.ca/en/story/1028063/bnp-resources-inc-announces-second-quarter-2012-financial-and-operating-results

 

BNP Resources Inc. Announces Second Quarter 2012 Financial and Operating Results

/THIS DOCUMENT IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS./

TSX-V BNX.A

CALGARY, Aug. 29, 2012 /CNW/ - BNP Resources Inc. ("BNP" or the "Corporation") announces financial and operating results for the second quarter ended June 30, 2012. The full text of BNP's financial statements for the three month period ended June 30, 2012, the notes thereto and related management's discussion and analysis can be found at www.sedar.com and on BNP's website at www.bnpresources.com. This is the Corporation's fifth quarterly filing under International Financial Reporting Standards ("IFRS").

BNP is actively engaged in the exploration for and the development and production of oil and natural gas reserves. BNP's business strategy is to build sustainable and profitable per share growth through internally generated exploration and development drilling.

BNP has approximately 58,327,407 Class A shares issued and outstanding which trade on the TSX Venture Exchange under the symbol "BNX.A".

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