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Re: BKP - Baraka Petroleum




Its more than YT's usual superb coverage.  Much has already been said of BKP's permits that it is earning 75% in. They are near CTP's tenements.

Also, BKP are on the look out for acquisitions.  IMO it might not be long before they announce something in this regard. Apparently there's been a number of projects on the table. BKP has no debt and when I last checked had around $2.6 million cash.  Traders are doing their own research and looking for low priced stocks with potential.

Once CTP starts drilling in the NT the spotlight will also be on those with permits there.

BKP has a low market cap (now around $10 million). This stock is also a trader's dream, easy to get in and out.

I bought 4.8 million on Friday at 0.5c and intend to buy more as IMO this stock will not be under 1c for very long.

DYOR

DYOR


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