ELK
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0.00% 1.4¢ elk petroleum limited

acturtle, OzAlien, I agree with both of you.ELK is cheap given...

  1. trader713
    97 Posts.
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    11/04/07
    04:17
    Post #: 2342185
    acturtle, OzAlien, I agree with both of you.

    ELK is cheap given its current rates of production.....however given the large probability of ELK hugely increasing its level of production in the very near term, a surge in ELK's share price to 50c+ cannot be far away.

    A positive announcement on the proposed CO2 program could see ELK moving towards $1 again.

    ELK has very little if any downside and very significant upside potential with a low risk profile.


    ELK Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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