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AKITA Drilling Ltd T.AKT.A

Alternate Symbol(s):  AKTAF | T.AKT.B

AKITA Drilling Ltd. provides contract drilling services, primarily to the oil and gas industry, in Canada and the United States. The Company is an oil and gas drilling contractor with a fleet of about 32 drilling rigs. Its United States fleet is supported out of its operations base in Midland, Texas and consists of 13 high specification AC triple rigs, one high specification AC double rig and one DC triple rig, all serving the Permian Basin. With a fleet of 17 rigs, its Canadian division operates in Alberta, British Columbia, Saskatchewan, and as market conditions dictate, the Yukon and the Northwest Territories. The Canadian division operates both wholly owned rigs and rigs. Its Canadian division primarily operates in the oil sands, heavy oil regions and in the Montney deep gas basin. In addition, the Canadian division plays a role in drilling potash and other energy transition targets, including carbon capture wells, hydrogen storage wells and geothermal wells.


TSX:AKT.A - Post by User

Post by lifeisgood1010on Feb 01, 2024 2:02pm
161 Views
Post# 35857636

Back to life for my 2 to 3 bagger in 2024

Back to life for my 2 to 3 bagger in 2024Hi Ykzsh8,

Hope you make a lot of $$$ on my advice.You will see that i am active expresing my views
on my holdings.Especially when i think that they are trading at deep,deep discount.

It was and still is the cas with my DRX position.Even though DRX is  now close to a quintuple 
from my original starting buying price.

I doubt that Akita will be a 5 bagger over two year but a double or maybe a triple is possible.

But just like DRX, it won't be over night.To double, triple...it take years not months.

I said it before, we may be in a lull period but the value is there.It's only a matter of time.

Why some investors are willling to sell at these price is a conundrum to me.

But time do wonder when we are able to buy assets at crazy low prices.

And you will see that i am not a pumper.When i post it's with conviction.Yes, it is done for my purposes.I am wishing that these value ingnored company get discovered.

But i do write in full honesty.

Wishing you all the best.

P.S. you will probably find many spelling mistakes in my posts.I am french and do my best to communicate as clearly as possible.

Take care.


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