AKK 0.00% 0.3¢ austin exploration limited

re: Ann: Drilling success in Eagle Ford with ... its a 3 well...

  1. 1,514 Posts.
    re: Ann: Drilling success in Eagle Ford with ... its a 3 well farm in agreement as stated in todays ann. as for $10m being spent , thats the name of the game isn't it big risk big reward. There are countless speccies out there spending squillions hoping to be the next SIR rags to riches story, but ask yourself this how many of them actually achieve it . My guess it would be something like a 1 in a 1000 ratio. Don't think we would have seen the selling we have today if it was as bullish as you seem to perceive it to be smarter people than you or I would have been all over it . As always follow the money, everything else is just smoke and mirrors.
 
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