LKO 0.00% $1.00 lakes blue energy nl

3 years ago when Lakes was drilling look at what happened to the...

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    3 years ago when Lakes was drilling look at what happened to the share price



    A run from 0.3c low to 1.7c happened last time the company drilled

    Anyone see a similar pattern emerging?

    So what's changed since then
    Negative
    -Share Capital increased from 5Billion to 7Billion shares

    Positives
    - It's been 3years and we are about to start a very active drill program.
    - Have new well respected directors with a great track record in the unconventional energy space
    - Beach and Armour Energy paying big bucks to get a slice of the action
    - We are having a massive Shale/Tight Gas boom

    Based on the above chart and fundamentals a run to at least 1.7c is my expectations
 
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