ELK 0.00% 1.4¢ elk petroleum limited

sand draw south reserves, page-10

  1. 945 Posts.
    Hey Guys, I haven't put my two cents in on this stock for a while, todays announcement is quite significant to stabalizing the s.p. IMO. ELK has been coping a battering over the last 12 months but it all looks like its all coming together. We have had a new substantial holder come on board, directors have been increasing their stake, company has plenty of cash in the bank, 4.7mil, and now proven reserves at S.D.S plus drill results out in about 3 weeks from Grieve U.S. And technically the charts look good also. I look forward to the results as they come to hand.
 
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