oil surges to 138 pb dow jones down 403pts, page-4

PC40
Elk may fall but considering the fundamentals just got a whole lot better I wouldnt be sitting on cash hoping the ridiculously cheap gets cheaper...dont miss out on dollars for the sake of a few cents..

We are possibly watching as the most significant blow to developed society unfolds.....peak oil/peak exports

revenue is going to around the $1.75mil this quarter.

Elk must be looking in a great position to gain very favourable terms for a jv partner, with oil running at over double the price of when they were first initiating discussions....
cheers