ELK 0.00% 1.4¢ elk petroleum limited

approaching the dying zone, page-10

  1. 67b
    2,044 Posts.
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    NTTG,
    Thank you for your contributions.
    You have to realise that the price will not go up in a straight line and almost overnight everyone with ELK shares will be loaded.
    You cannot put a roof on a house until you have laid the foundations and built the framework.
    Elk is laying the foundations at this stage and until the CO2 has repressurised the well(s)and a pilot plant has shown successful extraction they won't have 1P certification.
    When this happens and everything is in full swing then the company will be rerated by the market based on earnings.
    There are times when you have to be strong and trust your own judgement.
    Any amount of talking is going to achive anything.
    Self doubters are losers.
    Keep your faith and you will be rewarded down the track.
    ELK still has huge potential with Montana and Ash Creek.
    I see Grieve as a cash cow to fund the real prize - Montana gas.
    So long as higher lows are achieved on the chart the upward trend is intact.
    Use the fluctuating share price as an opportunity to trade or top up.
    Stick to your guns and your patience will be rewarded.
 
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Currently unlisted public company.

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