The fact that the stock is at $2.60 is a bonus. It really should be trading more like a Buck.
They are almost Bankrupt and Alaska is going to take a long time and a lot of money to develop.
Their reserve base is dwindling fast .They are raising very little money to replace their reserves.
Alaska will have to be developed on 100% borrowed money. Good Luck getting it.
I know that all of you will #$%$ and moan at me for telling the truth and say I am a basher.
But folks look at the Financial Data on this company- It is not a pretty picture.
Sentiment: Strong Sell