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Bullboard - Stock Discussion Forum AKITA Drilling Ltd T.AKT.B


Primary Symbol: T.AKT.A Alternate Symbol(s):  AKTAF

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... see more

TSX:AKT.A - Post Discussion

AKITA Drilling Ltd > Back to life for my 2 to 3 bagger in 2024
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Post by lifeisgood1010 on Feb 01, 2024 2:02pm

Back to life for my 2 to 3 bagger in 2024

Hi 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.
Comment by ykzsh8 on Feb 02, 2024 2:44pm
Appreciate your passion. I started investing recently and I stumbled randomly upon DRX, decided to invest local, why not. Lots of good headwinds for the company. Been holding since August, has paid off well. Then I found this website with interesting forums, saw you on the board and I went on your profile. I think your DD on Akita makes a lot of sense. I hope you enjoy success in your investments. ...more  
Comment by lifeisgood1010 on Feb 02, 2024 3:37pm
Merci et bonne fin de journee a toi aussi. Pour Akita cela risque de prendre plus de temps.Akita a presentement 10 de ses 20 rigs en operations au Canada(8 drilling et 2 en mouvement donc en operation). J'ai ecrit au CFO aujourd'hui pour tenter de savoir combien etait en operation au USA.Ils ont 15 rigs dans le Permian.Il m'a repondu qu'il va m'ecrire mardi au plus tard. Je ...more  
Comment by lifeisgood1010 on Feb 02, 2024 3:57pm
Wrote to you in french since i deducted that you were french when you said you invested in local and wrote bonne journee. If you did not understand my previous post i will re write it this weekend
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