True...I ran out of balanced assessments when management lost credibility almost 12 months ago by missing milestone after milestone and by under disclosing material events and circumstances of the company on a timely basis. Since that time to try to make a balanced assessment would in fact be misrepresentative. A company's performance is always underpinned by its management. When there is evidence that management is far from sound, ie lack of any credible corporate governance, the only balancing force is a rapidly eroding equity and enterprise value which is what we have witnessed at Elk. The market has provided the balanced assessment.
ELK Price at posting:
1.3¢ Sentiment: Sell Disclosure: Not Held
