ELK
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0.00% 1.4¢ elk petroleum limited

nice close elk .. bring on monday , page-18

  1. ggambler
    1,184 Posts.
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    05/10/07
    18:40
    Post #: 2868360
    a rough calculation:
    (1) ELK is worth 23m barrels recoverable oil = 23m x $80US ($1.84 billions US at current price)? market Cap only $22 millions US
    (2) INP is worth 120m barrels with 15% recoverable oil = 120m x 15% x $80 US ($1.44 billions)? market cap $ 200 millions US

    did I miss anything?
    ELK Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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