ELK 0.00% 1.4¢ elk petroleum limited

cash flow query, page-4

  1. 704 Posts.
    Hi Ace,
    How can any of us make any predictions....When oil was
    $147 a barrell back in JULY the experts were predicting
    for over $200 pb by now.
    No one predicted the global recession,& now as you know
    most stocks are struggling.People that are cashed up will pick up the pieces & make a fortune out of other
    peoples misery.
    If Elk were to drop to those levels, Who is going to sell?
    I doubt there would be any volume as there is a strong hold as most are hanging on to their long term plan.
    Lets see what the next few months brings.
    cheers.
 
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