what the..., page-24

Davo22,

If I had some spare $$ I would be buying however the rest of my portfolo has been trashed just like the ELK SP.

The market is not valueing reserves and therefore the EOR studies may not move the SP. The trick would be the biogenic gas plays which would be low cost producers that can create positive cashflow without long lead times.

I remember reading that as part of the Crow agreement ELK would need to complete 8 drills within 12 months. I am hoping to get more details of these at the upcoming AGM.

Until then oilers are the nose and the I cant see any support in the short term.

Cheers
DJ