Under the radar

Whilst a lot of other oil and gas companies have been having a good run due to oil prices rising as high as $62, ELK has been relatively quiet.

I suspect this is because not many realise the exciting potential and growth story of the company. The analyst reports and other research reports I’ve read have all used around $50 oil to value the company so the upcoming quarterly should most likely exceed all forecasts and budgets.

Hopefully then, investors and traders will start noticing this significantly undervalued company.

Great time to accumulate though IMO.

All the best to all shareholders