RE:RE:ELW Sells $100 Million Equity Above $0.375
The CEO o f EXXONMOBILE indicated in a recent interview that his outfit basis decisions, in part, using Oil price of 40.00 to $100.00. This is worked into the equation of acquiring a producer or prospect. I tend to believe that ELW CEO and group would work this into the strategy for acquisitions. I bought a few ELW at 12c and no more even if it gets into real trouble and end up in Hells basement for some reason. I suspect it may run in Q1. yada yada