So Cintdale... everyone that doesn't like the deal does armchair analysis.... yep the old pattern emerges as part of this groundhog day we call ELK.... the money is being raised for a possible... yes possible variety of reasons.... maybe spent on this.... maybe spent on that... there is nothing to be said these shares will be locked away... that is pure speculation and based on past performance ... a load of bull. Some of these shares will be sold for a short term gain and put a big wall up for a while .... IMHO.
ELK Price at posting:
19.0¢ Sentiment: Hold Disclosure: Held