first off i will say i hold a few hundred thousand shares -...

first off i will say i hold a few hundred thousand shares - average around 55c !!!!!!! so i really want elk to survive, badly.
But, all i can see is it heading towards the abyss sooner rather than later. Management have let us down i feel, all we seem to do is wait on reports, but the time frame to deliver these has dragged on way too long imo. The co2 / chemical flood has been a joke with the time frame for mine, and all the while elk's cash reserves dwindle along with any potential investor interest.
now they try to farm out assets at fire sale prices - no doubt they are concerned about the cash position, and quite rightly.