Australian (ASX) Stock Market Forum

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:)

Hi folks,

AKK ..... another Aussie oiler in USA, so here's our
astroanalysis for the remainder of 2006:

21072006 ..... minor cycle here

25-26072006 ..... new moon and 3 time cycles should
focus positive spotlight on AKK ... :)

11-15082006 ..... 2 significant and positive cycles here.

21082006 ..... minor ... intraday.

25-28082006 ..... minor

29082006 ..... minor

08092006 ..... minor ... finances???

12092006 ..... minor and positive

14092006 ..... minor and positive news???

26092006 ..... minor and positive

02102006 ..... minor and positive ... finances???

04102006 ..... significant and negative news???

*** 26102006 ..... 3 significant and negative cycles here ***

20112006 ..... significant and positive cycle - finance-related???

24-27112006 ..... significant and positive light on AKK

**04-12122006 ..... 3 positive cycles to bring an aggressive rally ??? ***

13122006 ..... minor ... finances???

22-27122006 ..... 2 time cycles - minor news???

January 2007 will likely bring 3 substantial negative time
cycles, so it will probably be around the March equinox 2007,
before we see another series of positive aspects for AKK.

happy trading

yogi

:)
 
:)

Hi folks,

AKK ..... volume up already today, ahead of
3 positive cycles expected this week ..... :)

happy trading

yogi

:)
 
:)

Hi folks,

AKK ..... as expected, this stock is looking good and
trading to the script, so far ... :)

Further key dates ahead, posted above on 20072006.

happy days

yogi

:)
 
Anyone know whats up with this one at the moment - the latest announcement looked pretty good - is it just profit taking?
 
The fact that they have listed in the latest announcement that the potential oil and gas potential for St. Gabriel 1 could be lower than that which they have previously announce.

In an previous announcement they mentioned:

The St Gabriel 1 well (Verus - 7.45% Net Royalty Interest) has an estimated most likely recoverable oil and gas resource as follows:
• 27.3 billion cubic feet (BCF) of potentially recoverable gas; and
• 3,600,000 barrels of potential recoverable oil.
A spud date for the St Gabriel 1 well will be made shortly.

They have stated in they last announcement:

The St. Gabriel 1 prospect has a potential recoverble resource range from a low case of 1.82 million barrels of oil and 13.6 billion cubic feet of gas to a high case of 5 million barrels of oil and 36 billion cubic feet of gas based on independent geological assessment.

They have not mentioned a low case scenario previously as far as I know, which is only a third of the previously mention potential.
 
Re: AKK - Yogi time to update

yogi-in-oz said:
:)

Hi folks,

AKK ..... another Aussie oiler in USA, so here's our
astroanalysis for the remainder of 2006:

21072006 ..... minor cycle here

25-26072006 ..... new moon and 3 time cycles should
focus positive spotlight on AKK ... :)

11-15082006 ..... 2 significant and positive cycles here.

21082006 ..... minor ... intraday.

25-28082006 ..... minor

29082006 ..... minor

08092006 ..... minor ... finances???

12092006 ..... minor and positive

14092006 ..... minor and positive news???

26092006 ..... minor and positive

02102006 ..... minor and positive ... finances???

04102006 ..... significant and negative news???

*** 26102006 ..... 3 significant and negative cycles here ***

20112006 ..... significant and positive cycle - finance-related???

24-27112006 ..... significant and positive light on AKK

**04-12122006 ..... 3 positive cycles to bring an aggressive rally ??? ***

13122006 ..... minor ... finances???

22-27122006 ..... 2 time cycles - minor news???

January 2007 will likely bring 3 substantial negative time
cycles, so it will probably be around the March equinox 2007,
before we see another series of positive aspects for AKK.

happy trading

yogi

:)

Yogi,

Can you please update AKK for us, it is getting closer to the march equinox again. Cheers. :)
 
:)

Hi folks,

AKK ..... a quick tour ... nothing positive, until:

23022007 ... positive ... finances?

01032007 ... negative

20-21032007 ... 2 negative cycles

23-26032007 ... positive light on AKK

09042007 ... difficult aspect

12-16042007 ... 2 positive cycles here

23042007 ... negative light on AKK

27-30042007 ... negative news here???

happy days

paul

:)

=====
 
Anyone interested in this stock, I have done extensive research and believe it is the best oil and gas stock around based on drilling targets which are happening now. No-one is interested here :(
 
i have steered away from oil & gas as i cant come to grips with the terminology.. so i cant judge the potential/value accurately enough.

can anyone give us a basic summary of the companies activities and i am assuming why they show good potential?
 
Gee kransky I have not got a spare hour to type for you.

Read the last activities they are drilling 4 wells over the next 3 months with PEL 73 in 8-12 weeks the biggest for 800 million barrels at a 16.5% interest.

great management team.
 
jemma said:
Gee kransky I have not got a spare hour to type for you.

Read the last activities they are drilling 4 wells over the next 3 months with PEL 73 in 8-12 weeks the biggest for 800 million barrels at a 16.5% interest.

great management team.

Been reading through their anns and like what I see.
Can't believe there isn't more interest in this thread. These guys appear to have huge potential.

I particularly like their last ann :D

Price is currently weaker so may take a position soon.
 
yogi-in-oz said:
:)

Hi folks,

AKK ..... a quick tour ... nothing positive, until:

01032007 ... negative

20-21032007 ... 2 negative cycles

23-26032007 ... positive light on AKK

09042007 ... difficult aspect

12-16042007 ... 2 positive cycles here

23042007 ... negative light on AKK

27-30042007 ... negative news here???

happy days

paul


=====

:)

AKK ..... trading to the script. so far ... lol
(see post above)

have a great weekend

paul

:)
 
ALFGuy, I'm suspicious that AKK was being pumped and dumped... certainly based on the posts on another forum it seemed so. Looks to have potential, but my feeling was that it had run too hard to early and thought it could come crashing down.

JWBH the above running to hard too early on what might be discovered rather than because of actual discoveries, is IMO why it has been hit hard... add the fact that the St Gabrial 1 well is taking much longer than anticipated and I think that the high risk profile has got people exiting in this uncertain market.

It has been quite common recently for speculative stocks to have price rises that IMO are completely unjustified prior to them actually making any discoveries, people are buying at a price that might be reasonable if they succeed which doesn't factor any of the risk that they may not succeed into the price, which to me is just insane! Why buy something that if it succeeds should maintain the price you paid for it, with little upside, but if it fails will plummet in price????

Note if it drops down to around the 40c mark I might consider it ;)

Tony.
 
wintermute said:
ALFGuy, I'm suspicious that AKK was being pumped and dumped... certainly based on the posts on another forum it seemed so. Looks to have potential, but my feeling was that it had run too hard to early and thought it could come crashing down.

JWBH the above running to hard too early on what might be discovered rather than because of actual discoveries, is IMO why it has been hit hard... add the fact that the St Gabrial 1 well is taking much longer than anticipated and I think that the high risk profile has got people exiting in this uncertain market.

It has been quite common recently for speculative stocks to have price rises that IMO are completely unjustified prior to them actually making any discoveries, people are buying at a price that might be reasonable if they succeed which doesn't factor any of the risk that they may not succeed into the price, which to me is just insane! Why buy something that if it succeeds should maintain the price you paid for it, with little upside, but if it fails will plummet in price????

Note if it drops down to around the 40c mark I might consider it ;)

Tony.


Looks like you were right Tony. I hope this one doesn't keep tumbling.

Not sure if I should buy some more to average down. Some Bad news out today as well.
 
Hmmm I'm a bit more concerned now, I was assuming that there was still a possibility of the St Gabrial1 well being a success.

What I wonder about is the reason for abandoning, ie too high a pressure.... Was the pressure from natural gas? Are they using the right technology to drill it? or are there just times when it is too dangerous?

The thing that I'm not sure about is if this well had that problem, then what are the chances that other wells in the same general area will have the same problem??? I'm not qualified to say, but one would think that the risk just got higher!

Certainly has taken a beating! Sorry to hear you have taken a hit on it JWB...... This was outside my risk profile to start with (I first found out about it when it was already at 60c) so personally I wouldn't be averaging down, but it all depends on your risk tolerance, what sort of a setback you think this is, and what upside you think there is with the other prospects.

Tony.
 
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