ELK 0.00% 1.4¢ elk petroleum limited

drilling operations future exploration ann, page-31

  1. 306 Posts.
    Elkers,

    You need to keep everything in perspective - volume of 218K is nothing.

    This was not dumping, it is an opportunity to for long termers to increase their holdings as per prior posts.

    Things to keep in mind:

    1. Connoco and Exxon both face the commission in coming months. With CO2 significant re-rating will occur
    2. BIA approval has been granted for Crow lands with 6 wells potentially to be completed in 2008. In my mind this has the potential of a company maker.
    3. SDS is currently preforming well and generating good cash flow
    4. ELK are investigating opportunties at Ash Creek.

    In several months time people are going to look back and kick themselves for not investing.

    Cheers
    DJ

 
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