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AXP - AXP Energy

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Yep....

I still follow this'n.

Today AKK announced they were going to do a return visit to one of their drills with a partner company and help them punch through annomolous pressure. Plus a little while back they ann. they were also going to revisit PEL73 again after further information becoming available. So, hopefully with these two plus further developments I'm hoping for an increase and a payout to our patience. IMO of course.

It'd be nice to see more green about than red over the last number of months.

T
 
AKK has come out wilth 2 anouncements this morning on the Jeter Branch and Southwest Edwards wells...

It seems the log analysis at Southwest Edwards well has identified thirty feet of potential pay within multiple zones and production casing has been completed to a depth of 12,500 feet.

Anyone have an opimion on this stock??

There share price movement has been a tragedy....

Benwex
 
Hi

I'd agree with you there - it has been a tragedy... but on the other hand the 3 drills that AKK started off with were wildcats and there was a bit of bad luck. PEL73 looks promising imo but personally I'd rather do what they did which was postpone more expensive drilling for PEL73 and concentrate on a couple low risk sites and come back to it later.

I've been entrenched with AKK from the IPO and I still think they are going to take off again. Plus they have other interesting projects to move into.

cheers
Tropolite
 
ann out today:

testing has commenced of the 30 feet of potential pay at its Southwest Edwards well

Austin is encouraged by the log results and looks forward to confirming the potential
Click to expand...

I posted on these guys in the potential breakout thread, and with this news plus some more to come next week it looks like this could be a good short term play. DYOR
 
I find it interesting that the SP moves from 24c to 27c on the commencement of the the test drilling, with the test results to be announced in about a week. Looks like some players moving in early with a view to sell on or prior to the release of the results.
 
I picked a few of these up at 21c a couple days ago for a short term trade and am happy holding until the drill results are announced.

I think they have a lot of potential for a relatively new company.
 
Hey all...

With the latest breaking news of the big oil find in the Cooper Basin (Innamincka Petroleum), from the looks of it in PEL103 in the FLAX locale, and with AKKs PEL105, being just South West of this locale between the Gidgealpa-Merrimelia-Innamncka Ridge and Patchawarra Trough, does anyone else have a sense of expectation about AKKs October exploration??

I'd be interested in hearing other's opinions of this one.
I myself have been checking out independant reports but only new to this, so that is why it would be interesting to hear from others that have a more understanding on these type of reports/geologies.

cheers
tropolite
 
been watching these the last few days.

looks like a bit of movement.

anyone else hold these? i got on late last week.
 
rhombus said:
been watching these the last few days.

looks like a bit of movement.

anyone else hold these? i got on late last week.
Click to expand...

Been holding these for a long time....the current trading halt is their last chance otherwise they will get booted at the agm....very unimpressive management.
 
3..2..1...Lift off for AKK shares!!

Wow came home and saw this at nearly 100% up:eek:

I wasn't able to read the ann because Adobe is screwed on my computer at the moment, but it must have been good.

Well done to anyone who was holding this baby before today!
 
:)

Hi folks,

AKK ..... up more than 90% today and not one comment on this thread !~!

Simply amazing ... :)

..... with more positive cycles ahead, we will likely see more interest
in this stock, as well.

have a great day

paul

:)

=====
 
Well a nice rise for AKK up 100% to 42 cents currently after hitting gas and oil on their first hole of their new project.that sounds promising. 56.9mil shares in the company and with a market cap of 22mil there is plenty of upside to this one. no indication of how much oil they have got though...could be droplets... who know at this stage? Sidelines for me for now.
 
One word...


* HAPPY *


It's the FIRST hole in the projected drills from memory... and as the other drills are in the vacinity, 2008 might just be a good year for all those involved with AKK.

With the other projects on the brink too PEL105(?) and perhaps a revisit to Yorke Penninsula - it's all good.

Nice one fellow AKK'ers and congrats on this nice kick off...

Cheers
Tropolite
 
Trader Paul said:
:)

Hi folks,

AKK ..... up more than 90% today and not one comment on this thread !~!

Simply amazing ... :)

..... with more positive cycles ahead, we will likely see more interest
in this stock, as well.

have a great day

paul

:)

=====
Click to expand...
Ah..yes there was Paul...mine..the one right above your post:)

I jumped in for a bit, but Ive become a very nervous investor/trader over the last few weeks and i was scared into selling out before the close as im worried about a pull back on Monday.

Guess we will have to wait and see.
 
Morning all. well Ive taken up a position in akk this morning as they are very cheap still(i believe) and now that the retrace is complete I think we will see some upside here took a position at average .375 :) good luck to the holders
 
Akk moving up nicely as expected after consolidation. Nice rise this morning and I would expect a drill and production well update shortly. Still holding here.
 
:)

Hi folks,

..... would normally be looking for a positive announcement from AKK
on 21-24033008 ... given that it's Easter, that will likely slow the
reporting process down to 25032008.

Even though the news may be good, the resultant spike in price
may be shortlived and trading will likely be flat, until the next
positive cycles in April 2008:

21-24032008 ... positive light on AKK

04042008 ... more positive news expected here

08042008 ... another positive cycle (finances?)

18-22042008 ... 2 cycles ... negative news expected.

02052008 ... negative cycle

05052008 ... minor and positive news expected here

13-15052008 ... aggressive rally expected here

23052008 ... minor and positive light

26-27052008 ... minor and positive

Looking ahead, July 2008 should also be a good month for AKK.

More later.

Happy Easter.

have a great weekend

paul

:)

=====
 
:)

Hi folks,

AKK ... as previously posted, we will be alert for positive news on
Monday 05052008, with some further positive cycles, later this month:

05052008 ... positive news expected

14-15052008 ... short, aggressive rally ... ???

23052008 ... minor and positive light on AKK

27052008 ... minor and positive ... finances???

..... expecting July 2008 to be a good month for AKK, as well ... :)

have a great day

paul

P.S. ..... holding AKK

:)

==
 
Trader Paul said:
Hi folks,

AKK ... as previously posted, we will be alert for positive news on
Monday 05052008, with some further positive cycles, later this month:

05052008 ... positive news expected

14-15052008 ... short, aggressive rally ... ???

23052008 ... minor and positive light on AKK

27052008 ... minor and positive ... finances???

..... expecting July 2008 to be a good month for AKK, as well ... :)

have a great day

paul

P.S. ..... holding AKK


==
Click to expand...

:)

Hi folks,

AKK ... nice hammer at the end of a price slide, with
increased volume ... would like to see a test of Friday's
low early this week, to give us a better downside candle
count, but that may not happen.

As per post above, expecting a rally mid-week, as an aggressive positive
cycle comes into play ... :

"13-15052008 ... aggressive rally expected here"

http://forum.incrediblecharts.com/messages/8/akkupdate09052008-1572000.pdf

A close above 38 cents, with volume may signal a
breakout for the next upleg, with a price target
around 63 cents.

have a great weekend

paul

P.S. ... MAK = a big positive move this week, to surprise the market???

:)

=====
 

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