Oh Gassed . Same old same old.
All exploration companues need Capital , but the good one start generating revenue and grow from micro caps to small caps and mid caps by generating revenue and positive cash flow
The poor ones stay micro caps and become smaller and smaller with continued failure. Akk has 8 years and 70m dollars and they have failed dismally . Today , they have nothing , limited assets , piddly revenue , an asset they can't even buy in full , enough money to cover corporate costs for about 5 months if they don't buy the asset and no money to cover costs if they do . No money to drill and no money from revenue . I follow many companies , and the combination of capital destruction with complete failure is very very hard to find . They are truly in a class of their own
AKK Price at posting:
0.6¢ Sentiment: None Disclosure: Not Held
