"The Next Mining Boom" have written a compelling report recommending AKA as an attractive investment proposition. I tend to agree with there overall assessment that this company provides a good opportunity and I like the potential upside.
"A similar company (listed on the TSX) that is 18 months ahead in their journey of producing HPA has recently seen share price rises from 8c to hitting highs of well over $5. We are hoping for a repeat performance with the lesser known 9c company..." They write: "In our original report on AKA, we made numerous references to the stunning success of one of AKA’s potential competitors listed on the TSX: Orbite Aluminae (TSX:ORT)
Orbite rose from 8c to well over $5 on announcing production of its first tonne of 4N HPA from its pilot plant… a milestone which AKA is potentially just 12 months away from achieving." http://www.nextminingboom.com/
I am not sure about the $5 per share call, or the time-frame, I think that sort of comparison is not helpful, but it is quite feasible to see AKA much higher than their current 11c per share level if they can proceed positively with their plans.
You can read this original report here: http://www.nextminingboom.com/index.php/junior-mining-company-to-ride-surge-in-demand-for-key-material-used-in-next-generation-smart-phones-and-lcd-tvs/
DYOR and as with all speculative stocks "Caveat emptor" buyer beware.
AKA Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held
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