ELK elk petroleum limited

elk roll call, page-6

  1. 1,382 Posts.
    some very honest posts here... my average is about .50.. I've been accused of downramping here but that is not my intention... mostly I've just tried to take a realistic view of the market and where ELK might head... I think the sentiment expressed here so far suggests that if the price goes up to where I thought it might a few months ago on news of a deal... ie. around .70.. although I reckon now it would be lucky to double it's current price, there would be many people looking to break even or take a loss and get out. This is going to make it hard for the sp to gain momentum and reach the 1.00 mark or more that many posters have hoped for. As always I'd love to be proved wrong but my current holdings tell me that good news atm in speculatives has to relate to increased production, real dollar flows.. not potentials... just too many of them out there to choose from right now.

    regards,

    Hectobar
 
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