Im also confident and I feel that everything is going well for a change. I just wonder how they would fund the horizontal well. I recall that someone suggested that it would cost around USD$1M.
Perhaps they will get bank finance and extent their current line of credit. Perhaps they will get a JV partner. I hope it is the former as I dont have any confidence in ELKs abilty to negotiate favorable terms.
DJ
and now this too, page-4
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