Seriously guys, if you think this company is worth 7 mil now then you guys can just keep dream
WAY overvalued
Look at Grand gulf energy (GGE)
They have a 3 million cap and they have 3 million in the bank too. No cap raisings for over 7 years and only 750 mil shares with 40% owned by the ceo's
and now look at AKK again
seems like PLENTY more cap raisings coming up, you can't do crap with 401 bopd and they just spent the money on more land lolz
with a project like theirs you need lots and lots of money to frac and build wells for it to give good flows
Doesn't anybody remember aurora oil and gas?
They had to do many, many cap raisings before they sold out to a canadian company for over 2 Billion in the end
Akk has a good project, don't get me wrong. It's just not at the stage yet where I would seriously consider buying into. Maybe after 5 cap raisings and only when the market cap falls to at least 3 million
There's also too many shares out there
AKK Price at posting:
0.7¢ Sentiment: Sell Disclosure: Not Held
