placement at around 2 cents by end of march , page-8

Another CR is certainly not in the interest of RC or AKK. To do so would be to recycle the same play as last year which will undermine his and AKK credibility. I believe a JV is in the pipeline which will see exploration and production come on faster. Don't forget that the AKKOAs will bring in $55m which will be more than enough to get AKK on the way to sucking that oil out. Dilution is not what RC will want for shareholders -- we know he is keen on increasing shareholder value.

I didn't expect the quarterly to come out with anything magical. It stated the facts and confirmed oil and that the land is worth multiples to what we paid. That'll do me. DTs and STs sold out expecting the oil money shot. It'll come, just be patient ;)

Cheerio,
sw3