Replies to post #39227 on Bakken Energy Corp. (BKEN)

[DragonBear]

Can someone enlighten me on this stock?

Anybody been to the Bakken area and see the company hard at work???

That might prove a little difficult to do. The Chinese Masters either aren't too good on oil geography, or didn't care, and decided close was good enough. Their claim of being a "Bakken" Energy or oil company was by purchasing a Utah oil company just incorporated 4 months before. The CMs missed the fact the Bakken oil fields do not extend into Utah. They should've got themselves a worthless lease in Montana or the Dakotas.

The Utah paper oil company acquisition was worth a few PRs, with the 4 month CEO Nurmi probably getting stock for his paperwork. Then the paper oil company disappeared from view, with no more mention of it. The annual OTC filing morally obligated to tell SHs the details of the acquisition by BKEN, sort of pretended it never happened. Never mentioned the acquisition in the OTC filing. Yep, an acquisition in March, and by August it never happened. In fact their OTC Annual only claims they are "looking" at oil properties. Safe enough. Get into a car, and drive down the road - look at the drilling rigs as you pass by.

The big wait currently is to see if the CMs crank up a paid promo, and a flood of nonsense PRs for a pump. Originally I believed early March. But there should've been front running PR nonsense pumps by now. It seems delayed. Especially compared to last year. Chinese New Year celebrations in the way?