The sellers are building on the buy side in the depth and i agree with Sector that it looks primed for a move.
Maybe 0.016 cents will be the next major resistance?
I'm still surprised there has not been more interest but i'm sure it will come and we get closer to completion of the well.
Three free carried horizontals into the Eagleford Shale by an experienced operator should get some interest. Fingers crossed that the first well is a gusher.
JW
AKK Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held