hecto,Just wait until the momo crowd and blue-sky crowd get a...

hecto,

Just wait until the momo crowd and blue-sky crowd get a sniff at the goings on when ELK actually manages to put something on the board........

Based on previous ELK 'runs' and the nutty action in the market these days (For example see the action in ROYL on the USA exchanges. They announced 1 new well with good flows of 10,000 mcf (Will fall to 5000 mcf in a couple of months and to ??? thereafter) and the shares went from $2.12 to around $6.00!!!

So A JV should put ELK up at least $1.00 a share in a normal market and even higher.......in fact we should see $2 or even $3 on a Niobrara well venture (HA HA HA)