AKK 0.00% 0.3¢ austin exploration limited

trading halt!!!, page-53

  1. 1,304 Posts.
    No attack Auto. Regrettably on balance, the market backs up your statement.

    I see a lack of critical mass being the main culprit with AKK thus far. The probelms began with the decision to drill the AC instead of the EFS. That and marginal wells chewed up the first generation of market capital.

    However with all the current and planned activity for this year, all acheivable at 'reasonable' cost and all supported by farmouts on all projects, I see for the first time, demostrable proof of material progress. Unlike our friends in Alaska, this croud don't appear to be victims of their own grandiosity. Hopefully you'll be proved wrong but there must be two sides to every story. Hope you'll continue to keep an eye on us Auto.
 
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