Last time we saw these levels (mid march I recall), the stock bounced back pretty hard both times, although this time there is not the on screen buy volume evident. Suggest that ELK is off a lot of radars at the moment given no definitive time frame announced for CO2 or J.V on Grieve. The rest of the program whilst exciting is a fair way off being realised.
I'm going to bank on maybe a mid/low 30's bottom this time b4 bouncing back on anticipation of Grieve moving forward.. and hoping that CFR is going to deliver me the loot to accumulate more..lol
Good luck all..
ELK Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held