oil at $25 per barrel ??

Hi guys,

Just wondering ELK's position if oil drops to $25USD per barrel. Would the business still be viable then ? Im thinking of buying stocks, but at the rate oil is retreating, Im thinking I might have a couple of years to make my mind up on taking a position. $25 is a real possibility, we're in uncharted territory.

Ive been a long term fan of the moose and it's members , and rode it to nice double digit profits, before the big announcement earlier this year. Which turned out to be a fizzer :(

Still , the company has a lot of potential, its the rest of the market that it rely s on that's disappointing. Unfortunately, you cant have one without the other.

Your thoughts are appreciated

Good luck to all those holding, and lets hope the announcement coming up is good!

Andyarlo