great announcement

A great announcement from Elk management this week with the appointment of new CEO.

I believe this is a very significant appointment for ELK with a very capable, self made entrepeneur with a very solid oil and financial background very capable of taking ELK to a mid tier oil producer in our own right.

IMHO the incentives offered to our new CEO are paramount to this Company's future growth potential and I would expect the final $1.50 incentive share issue to be well accomplished in 2.5 years rather than the 5 years allowed

With the funding from the partial sale of the pipeline due within a month or so plus debt and shared/royalty fundings for future projects being achievable, we will then need the necessary exposure that comes from a U.S. listing in the very near future to really put wind behind our sails

Cheers to all the patient long term holders and those now seeing the huge potential and getting on board.