Someone is also accumulating…'smart money'..?Patience is needed...

Someone is also accumulating…'smart money'..?Patience is needed for this one….Enhanced oil recovery is a proven technology that needs a lot of money spent upfront ,Brad Lingo---- Elk's managing director has raised over $50,000,000 to fund Elk's contribution to add to the $80'000,000 odd off the 'top of my head' that has already been spent on the project mainly by Denbury Elk's larger partner.Elk was able to renegotiate a very favourable deal when Denbury was unable to raise more capital.

We all know games can be played by accumulators .Other opinions welcome………I have learnt the hard way not to fall in love with a stock.

Do your own research.

Cham