ELK elk petroleum limited

oil recovery could mean billions, page-8

  1. 985 Posts.
    I am one for certain....I will be closing out a couple long positions on sideways trending specs to parlay more yuan into ELK....

    The math is unbelievable: Market cap @ 42c - $24million...$1.7billion recoverable oil.....I keep running those numbers on paper over & over & over.....thinking that surely there is a mistake.....surely it ain't this obvious.......did i misread something?....did the release claim "24million barrels of olive oil"??......but i read it again, and no it says 24MILLLION BARRELS OF OIL!!!.....now i'm having trouble breathing, i'm hyper-ventilating...24million barrels = $24mill market cap = $1 per barrel........Thank you mother of pearl!!

    Oh no...I hope the money I am making on ELK doesn't compromise my position on alternative fuels.....nah, stuff it...I am buying a Hummer when this thing hits $2 this week!!
 
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Currently unlisted public company.

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