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.
ELK Price at posting:
14.0¢ Sentiment: LT Buy Disclosure: Held