Well thats quite good to see how things held up today considering the landslide those few are preying for.
If you don't have good news as a company do you really want to publish it.... if it's not necessary? On the flip side, some companies have a great reputation for being very informative and strategic in their approach to releasing announcements, others not so much.
I think we should bear in mind that industry requires some companies to be reactive while others can be more proactive.... the reactive ones need to be smart about how and when they roll news out!!! If they don't do it right, does that mean they have purposely set out to lie to SH's?? Please....
AKK need to raise coin right? They have found crude and are in a good position, better than they have been in a long long time. Lets all be smart here and look at something.... the Pierre well announced last week, was it ever going to produce exciting numbers on its own??? No.
So what have they gone and done now and what are they going to report on next!!
IMO, next they will report on the data from not one well, but three wells!! With an agreement in place of 500k to complete each well, you do the math and you should be able to put it all together.
Is this fact or is it my opinion, HC allow us to post what ever we like so I guess time will tell.
AKK Price at posting:
0.8¢ Sentiment: Hold Disclosure: Held