ELK
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0.00% 1.4¢ elk petroleum limited

Oil is a scarce commodity - and most likely the prices of oil...

  1. risktrader
    946 Posts.
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    15/11/07
    05:47
    Post #: 3006618
    Oil is a scarce commodity - and most likely the prices of oil are not going anywhere but up. Oil was up again overnight to around the $94 mark. ELK is sitting on a phenomenal resource here which has an incredible NPV - The share price is undoubtedly undervalued by at least 75-100% here.

    Im expecting a $1.20 open - as forementioned i will be buying anywhere up to the $1 mark.
    ELK Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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