Definately the last tickets at these cheap rediculous prices, fellows.
The market is well overdue for good progress announcements by the Company.
Elk was trading at 32-34 cents prior to the Denbury JV announcement last year. With final CO2 gas delivery into the ground at Grieve sheduled over the coming months, this Company has got to be worth well north of 32-34 cents if not double that very soon now
The old adage for sharemarket investers....."you make more money in what you buy a stock for, rather than what you sell the stock for" is going to be very relevant with this particular stock for those who can see the enormous upside here. Given the free-carried to cash flow and management's stated intentions to aquire further opportunities with the support of major shareholders
ELK Price at posting:
17.0¢ Sentiment: LT Buy Disclosure: Held