AKK 0.00% 0.3¢ austin exploration limited

placement at around 2 cents by end of march , page-5

  1. 1,010 Posts.
    Hi Gryphon1,

    Sorry to say, but AKKOA's have been dead for long time.


    Those options were the main mechanism for the company to raise more funds to continue drilling...
    They believed that with the results from the horizontals, share price will go above 5 cents and people will exercise the options, hey, that did not work..
    so the company does not have that opportunity anymore, at least from my investment view of things.

    AKKOA options will expired he same way the AKKOB options died. there is no question about it form my investment experience, go and check about the AKKOB's

    Up to you if you continue to hold and see your money go..

    Unfortunately, these type of posts are not appreciated by many people, they only want to see very positive things here in HC...but keep in mind, I am not saying that company is bad, I am just saying that I believe the next placement will be done at around two cents and that is the reason for me to have sold everything. just wait and see if I am right


    DYOR.


    for the company to get funds...to continue drilling.
 
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Currently unlisted public company.

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