AKITA Drilling Ltd T.AKT.A

Re:Income tax assets greater than the value of the SP

[lifeisgood1010]

Good morning Hockeyz,

Thanks for the clarifications and for taking the time for the post.

I think we are on the same page as the underlying value in 
Akita.

For me, it's only a matter of time.I've been in touch with the company a few time this year
and from their responses i am very confidend that we will see a substantial appreciation
in the SP.

I was told that they will be looking at a NCIB once they reach 50 million in LT debt.
They also wrote that they are frustrated with the low valuation and cannot explain it.
Who knows, maybe one morning we do wake up and are pleasently surprised with an
announcement from the Southern.

I think Ensign will report this friday.It will be interesting to read their outlook for 2024.

Again thanks and good luck with all of your investments and futur descision.

P.S. Wish i was better in english.It not always an easy task to put my thinking in writing.

[Hockeyz]

Also, I have followed Eric Nuttall for the last few years which has been very profitable. Eric manages the multi-billion dollar Ninepoint Energy fund, one of the largest energy funds in Canada. Eric has not had a drilling/service company position in his Energy fund for the last few years, but he has recently taken a large position in Precision Drilling, PD. Eric’s fund is so large that he does not