announcement out: still no funding

Geez, the BOD at ELK still haven't got funding!!!

Now all they have managed to do is "execute a mandate to secure financing".

And all this time we were led to believe that crap that put about about the April deadline and they are working on securing financing?

And now even a reserach report that says the value of Elk is between 64 cents and $1.15. Now what would the value be if they hadn't flogged all those 9 cent shares and especially the second tranch at 9 cents when the price was over 20 cents!!

Probably double that!!!!

The entire BOD at ELK needs to be replaced and IMO they have to be the most inept group of people running a company with their ability to take a prospective property with anywhere from 5 to 20 million barrels of oil worth a gross current value from US$350 to $1.4 billion and turn it into a company with a market ccap of less than $15 at the same diluting shareholders in the process!!