ELK 0.00% 1.4¢ elk petroleum limited

Ann: Agreement to acquire the Singleton Unit, Neb, page-3

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  1. 215 Posts.
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    re: Ann: Agreement to acquire the Singleton U... Nah it just gets boring waiting , a lot will happen over the next 2 years , it will busy up soon enough . The week the pump rates start taking off say somewhere from February to May 2015 wii be the busiest . They need time anyway to get electricity installed and large volume pumping set up. Then they just pump their cash flow into multiplying their resource base and production rate . Companies go through stages , Elk is moving to a producer , the next stage with their two projects is to create cash flow to expand . All this will re rate the stock.
 
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