stock looks good. what do holders think are the odds that denbury might take out elk if its price isn't reflecting the reserves and production at grieve?
i don't know much about denbury and whether they would want to take all of the risk...not that there probably is a lot once its shown to work... i think grieve is a small project for denbury so maybe they would see an easy 6mmbbls that they can snap up for a small premium over the prevailing ELK price
ELK Price at posting:
18.0¢ Sentiment: None Disclosure: Not Held