STTCOMP AKN, TA Long
MC at 0.01 = app $8.86m
Cash $1.89 as of Mar 31st
EV $7m
Soon to pay $350k cash and issue $125k worth of scrip for
a share of Bonito Minerals (see more detail below)
SOI 886,914,837
Gold and silver in Mexico and a mooted upcoming acquisition in Australia or DRC for CU/AU or other base metals.
Please note that AKN was formerly CYU and may need to look at both charts to view.
AKN on the weekly has been ranging in a channel between 0.4c and 1c since April 2016. Currently at the top of that channel and needs some volume to breakout but with possible further acquisition coming IMO it could be time to happen.
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