AKK 0.00% 0.3¢ austin exploration limited

akk corporate conference, page-24

  1. 5,079 Posts.
    Armstrong could be drilling as early as next week

    and we also have Sebree

    Now as for PEL 105, this is a mill plus barrel recoverable well,

    1 mill at $70 a barrel, $70 mill split in 2 from the first well.

    Now this oil has had seismic test done on it, of course they have to actually hit the oil.

    But I don't think it will hang around at anywhere near these prices until they actually hit oil.

    This will start to build before this.

    Now remember, PEL105 is the first well, if successful there will be another 5 or so wells drilled, now if each of these wells produce 1 mill barrels, or even a third of that, we have a winner here.

    Look I dabble in other stocks like RTL and MMZ
    which have great interest, and yet we know nothing or very little what they do or are doing.

    And have no real assets, mostly shells, yet have huge interests.

    But a stock like AKK have assets, have a plan we know about, are producing right now, but because they are not high on the hotcopper read list it is ignored.

    I think this will change,
    could be in a big way.

    Many here, even knockers say it could only get to 10 or 20 cents,

    Well if you were offered a stock at 4 cents that was a good chance of ONLY getting to 10 or 20??? what is the problem here.

 
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