elixir - hugely undervalued and now well bid, page-5

Hi Acturtle
The thin market depth is exactly what I meant in the earlier post and i know you are fully aware of the history of this stock.

It is very tightly held and there is strong institutional support in the UK. So most stock is already locked up and it's going to have to be bid up for people to get set. However, at such a micro-capitalisation it is well and truly still undervalued relative to a risked valuation of its assets. Going to be a very interesting ride through to the drill...I'm expecting it to be strongly bid in the UK tonight.

regards
DF