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Energulf Resources Inc. ENGFF

Energy
Energulf Resources Inc is an oil and gas exploration company. Along with its subsidiaries, the company acquires and develops oil and gas projects in the Gulf of Mexico in Africa and Albania. The company's assets are located in Canada, Namibia, Albania and the Democratic Republic of Congo. Majority of the revenue is derived from the properties in Canada.


GREY:ENGFF - Post by User

Energulf Resources Inc.
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Comment by Poruson Sep 30, 2005 2:48pm
163 Views
Post# 9637953

RE: so where are the news?

RE: so where are the news?Enghype! I appreciate your thoughts! But I would never ever short Energulf! This stock has climed up 7000% in the last year without any considerable consolidation! The story is great and getting better day by day! Management knows that pretty well and has the intention to promote the share price up to a much higher level to get better conditions when bargaining with potential investors! And I can only guess that management also hired Penson to monitor the share price and support it when ever it tends to consolidate! I am wathing Penson very carefully re this stock! So, I think we will not see any considerable consolidation before Energulf managed to get a big partner on board! When Energulf announces the partner or consortium, the share price will sky rocket! All commodity stock experts are expecting that in Germany! Do you really want to short that stock before that news? Time will tell!
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