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Atikwa Resources Inc. V.ATK

An oil and natural gas company


TSXV:ATK - Post by User

Comment by jenst11on Jul 25, 2012 12:42am
258 Views
Post# 20149159

RE: Update....sort of

RE: Update....sort of

Nice post Renoit7, I also agree that the company is worth more than the current price and will get more than the current price if they end up selling the company, I also will continue to be a shareholder and will accumlate more shares. The only question I have for you is this-

You stated that-Kehoe acknowledged the frustration shareholders must be dealing with and apologized and took full responsibility for the Roncott fiasco that ended up costing the company $5 million. (Dont you mean Porcupine Hills fiasco, Not Roncott?)

As far as I know about Roncott is that they have drilled one vertical well in 2009 that is still economically a good vertical well too todays date, and drilled another vertical well last summer (that we never heard anything about), and they are still negiotating a farm in deal with Crescent Point (for a horizontal well).

The Problem right now is the current market, and I do agree with Renoit and Kehoe about the lack of news of ATK, I also talk to a few people in the know on ATK and I kinda get the same feeling too they are trying to sell. Not much has been said about future plans but one thing I do know is that companies are interested in purchasing ATK (MAINLY MANITOBA),

Manitoba could easily fetch 8cents. Great area with some big players with big pockets!!

 

 

 

 

 

 

 

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