The market surely will wake up to this one very soon.
We have a company making CEO in charge. Brad Lingo has results to back up his reputation. His resume speaks for itself.
AGL - Acquisition and Strategic Advisor (2 years)
CBA - Senior Vice President and Head of Oil and Gas (4 years)
Managing Director - Drillsearch (6 years)
....and now the CEO and MD at ELK PETROLEUM.
He took the market cap at Drillsearch from $35M to $327M. He left to do the same with ELK as he did with Drillsearch. He has put his own money and the money of his spouse into this company in a big way.
Since coming on board a month ago, he and/or his spouse have purchased shares on market no less than 16 times!
They have purchased on market at up to and including 12c. Their collective holdings are now 2.525M shares.
Smoke signals are stifling.
CnS
Upon Brad joining Elk, Chairman Dr Neale Taylor made comment that Brad has a history of turning around companies with good underlying oil and gas assets and achieving significant growth in relatively SHORT TIME FRAMES.
ELK Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held
