AKK 0.00% 0.3¢ austin exploration limited

Art,Thanks from that update from Kenny. I have a "friend" who...

  1. 40 Posts.

    Art,

    Thanks from that update from Kenny. I have a "friend" who works for RET and believes that AKK's management is very inexperienced but beleives that they have been very lucky and have secured themselves some very good land leases and have have had some very promising oil finds that was not expected. Don't worry about the gas- keep your eyes on the oil.

    Shares came out of escrow yesterday.

    From what I hear there are some insto investors who are waiting to see if any big lines come on to sell and will snap the shares up. To me that makes sense.

    I think management have shown their lack of ability quite clearly but I think this is a super med-long term hold just based on their assets. Traders will get belted on this one.
 
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