Hi fellow Elk shareholders!!!
How many YEARS have we been waiting for a result??
How many think we'll ever see a JV ? IMO I could be wrong, but given the continual delays with this project I seriously doubt we'll see one and if we do, we'll end up giving away more than we should because of the current Elk balance sheet.
Wouldn't it have been wonderful if the company had actually managed to implement its plan as stated YEARS ago?
Now we are looking a a viable project again stalled because of a lack of funds.
Anywhere between 5 million and 20 million barrels of oil worth between 400 million and 1.6 billion dollars just sitting there waiting and waiting and waiting while we see the Elk market cap around $15 million at around 15.5 cents per share.....the same share price I saw it drop to years ago before the first real take-off.
This company has always had huge potential only hindered by those running the show!
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