I am surprised that ELK didnt update the market this morning.....4 days of drilling should have definately seen the first 6 upper sands drilled.....Maybe Andy had better things to do than keep the market informed????...
I found it quite interesting in the last announcement Andy stated "The well is expected to have spudded 5pm (US time) on 24th June"......a 30sec phone call would have given the answer as to whether or not it had actually spudded...seems strange that they cant find the time to check there announcements are correct especially since they just spent a packet of money ringing over 1000 shareholders and having lengthy chit chats to butter them up.. cheers
ELK Price at posting:
18.0¢ Sentiment: ST Buy Disclosure: Held