ELK 0.00% 1.4¢ elk petroleum limited

Freeport-McMoRan's aggressive debt reduction in it's oil/gas...

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    Freeport-McMoRan's aggressive debt reduction in it's oil/gas assets has given Elk a real 'cash cow' of an asset in my opinion,what an excellent strategic acquisition; gas for cash and a CO2 source to recharge another 'old oil-field'.

    Freeport-McMoRan's is reducing debt in it's oil & gas assets to balance the books and develop it's world class copper interests.

    Worth researching in my opinion for those with a long term outlook I have a 50 cent plus target price when Grieve oil starts to flow.

    I had to top up today also.
 
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