ELK has been and is currently grossly undervalued considering the incredible upside potential combined with solid, proven reserves that will continue to deliver stable cashflow. Surely, it is only a matter of time before junior oil explorer so called "experts" wake up and smell the roses. This thing is headed for $1.20 by the end of the year at least and that is being very conservative..... Good luck to all long term holders
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investor update june 2007 out now, page-7
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