I eagerly await the release of the June results. It will be very interesting to see where they are at with the Metro Energy fiasco???? I raised my concerns re Metro years ago when it aws THK and it has taken the burning of many millions of our dollars for the managemnt to realise they were being "conned". Based on their performance (management) to date i think i can predict the outcome, "still persuing thru the legal process and Metro fighting against an audit being carried out". If that is the case the phone call i make will not be a pleasent one for the recipient at K2 Energy!!!!!! For any other frustrated shareholders of KTE just have a look at the performance of Redfork Energy (RFE) who also are in gas plays in Oklahoma, almost identical number of shares issued and their sp is $1.38. In addition they have just completed drilling and prepared for production testing in four days at a cost of US $34,000??? Compare that to what Metro were charging KTE!!!!
KTE Price at posting:
2.8¢ Sentiment: Hold Disclosure: Held
