Europe is still buying a lots of ELM stock today.At the moment,...

Europe is still buying a lots of ELM stock today.

At the moment, ELM price in Germany bourses is 1.849 Euro which is AU$2.57.

And the volume is 63.000 for now. They have another 5 hours to go, I think.

I don't know how we are going to supply those ELM stocks to these potash crazy European buyers while we don't have enough here.(:-))

There is a serious supply problem of this stock, while it does not have any problem with supplying high grade drilling results! That will push the price much much higher.

When I was still buying ELM at $1.25 at the end of December during the year end holidays, my older son (who holds ELM stocks at 55c cost) asked me "hey dad, why you're still buying this stock at this price, isn't it expensive?" I said, "no it is still cheap if you consider it'll be at least $2 at the end of January!". He asked me yesterday that he had some more money and if he should buy ELM today (Friday) around $2.30 mark. I said "if you do that you could make another 100% in next 2-3 months". But he didn't buy it as the price was over $2.40 today, and closed at $2.47. However I am sure he will try to buy it at $2.50 on Monday, if he can.

Good luck.