2014 will be AKK year. Amazing run from recent low of 1 cent to 1.9 cents. Hopefully, we will break 1.8 cents (resisntant) a year high.
Why?
* cashflow positive imminent
* double/triple current production number
* smart management, JV with cash up, proven and advance fraccing technology, halcon and petromax for drilling horizontal
* reward shareholder through 1 cents SPP
* $40M debt funding in horizon
* Good management team, with brown belt six sigma
* Manage to improve kentuky output from mere 5 BOPD into 35 BOPD
* Lean management, and plenty room to grow
* ability to secure high value asset ( Colorado and texas)
In TA:
* 21/30 days MA crossed 200 MA, with 90/100 days about to crossed too
* positive OBV and accumululation
* uptrend HH, HL, HH
* strong volume, support further SP going up
* next ceiling is 2 cents, then 2.4 cents
DYOR. GLTA.
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