cash position, page-16

"I have participated in all of ELK's capital raising since I became a shareholder and I am currently still making a profit'"

So that means you are one of those individuals that were the benefit of ELK selling shares at what was it 9 cents when the share price in the 20 cent area?

That would make you a high net worth individual.

As you brought up those other companies and I have no idea what the price was at the time I posted so I'll take your word for it.

1. FML - guess what happened there: a so called "capital raising" that will sell control to a Chinese company at less than the price of other capital raisings.

I'm sure that there are many 'happy' shareholders over there seeing the amount of their stake being reduced at a low price.

2. BUR - guess what - it is the only company that I own shares in now and I still rate it a long term sell. Look to sell on any movement up over the next couple of week.

3. AZZ - people are IMO betting on another sales of AZZ properties at a ridiculous price. IMO this is mistaken as another poster has pointed out the situation in regards to production on those leases. Pied Piper stuff.

4. ELK - see my other posts.