beat the bot, page-37

Guys, I am now seeing persons who are taking a trading mentality in their shares, rather than treating ELK as a potential quality investment. It seems there are a few that have bought at shares at very good prices, many of which were bagging management and the inability to get grieve off the ground, are now wanting management to give them an announcement so they can trade the stock for a few cents and repeat the process.

Guys, there are a lot more people who understand the econmics and potential of grieve. Management have taken a very conservative and personally a very smart line given the negoiations that are occuring in securing CO2. The CO2 suppliers are playing 'brinkmanship' with their supply and want essentailly 100% of the profit potential from grive. guys, thats what I would do if in the same circumstances holding the CO2. ELK have taken the chemical flooding road as an option and potential alternative. They are waiting for the study from the uni before procedding, but at least they have put the CO2 suppliers on notice. to make brash announcements would potentially comprise these negotitions. so any annoucement made will need to be aimed at assisting negiations even if it frustrates some traders.

So, to those shareholders who are disillusioned in holding ELK for the little bit longer it takes to get things right and cant wait, sell out and invest in those companies that are red hot. Seems there are to many traders whinging they cant make a cent or two. Doolang, ELK management I think will call your bluff and get you to sell your 100,000 shares, there will certainly be someone to buy up.