African Copper Corp (OTCBB:ACCS) Abandoned by Victory Mark?

Last Thursday African Copper Corp (OTCBB:ACCS) was announced as the new pick of Victory Mark’s newsletters. It crashed horribly, then had a small bounce on Friday, but it’s not clear whether the pumpers are sticking with it or not.

On Friday ACCS closed up 23.88% which on its own isn’t a small movement. But it does look relatively insignificant when compared to the 75% crash the day before. At $0.0415 most of the people who bought on Thursday are still looking at huge losses.

Right now we aren’t certain if the pump is still on. Victory Mark’s Select Penny Stocks and Penny Stock Heroes mailed about ACCS on Friday, saying they truly do like ACCS and that it had “huge potential!” Still, they haven’t sent emails after that, and the banners on the websites of the newsletters look like this:

About two hours ago, ACCS issued a press release stating it had appointed Mr. Andrew Stone as President and a Director of the Board. That shouldn’t cause too much excitement as it has been known for a while now. This filing states Mr. Stone has held those positions since Mar. 22.

ACCS made two other announcements on Friday. Both were connected to a supposed NI43-101 compliant report on their project in Botswana. Both releases were light on details. Then there’s still the question about how the company intends to fund any operations with the $30 thousand reported as total assets in their latest available 10-Q.

There have been rumors about ACCS being a future Awesome Penny Stocks (APS) pump job. However, so far there’s little evidence that will happen, especially since APS seems to be trying to revive its pump on Xumanii, Inc. f/k/a Medora Corp (OTCMKTS:XUII).