3 years ago when Lakes was drilling look at what happened to the share price
A run from 0.3c low to 1.7c happened last time the company drilled
Anyone see a similar pattern emerging?
So what's changed since then
Negative
-Share Capital increased from 5Billion to 7Billion shares
Positives
- It's been 3years and we are about to start a very active drill program.
- Have new well respected directors with a great track record in the unconventional energy space
- Beach and Armour Energy paying big bucks to get a slice of the action
- We are having a massive Shale/Tight Gas boom
Based on the above chart and fundamentals a run to at least 1.7c is my expectations
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- chart speaks a thousand words big move coming!
chart speaks a thousand words big move coming!
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