Reads really well to me (a non holder and non oiler). Mainly because their spending on Grieve is about done and while they are spending big on the new Aneth acquisition they say there is potentially 3x production upside in 3-5yrs?
With the sentiment on oil slowly turning around and ELK becoming a substantial mid-tier producer, this is a really interesting stock.
Only hesitation from me is the execution risk on Grieve.
ELK Price at posting:
6.4¢ Sentiment: None Disclosure: Not Held
