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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.
Bullboard Posts
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(16)
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Comment by stargazer1on Feb 03, 2008 3:22am
492 Views
Post# 14310401

RE: Is it to late to take a position?

RE: Is it to late to take a position?Anything under $3 is a great buy. We will probably start drilling in the first half of March and when we start drilling the price will climb. Could go to the $7 range or higher and if we find oil and then start selling it plus drilling more areas we could go over $70 share. Plus, the company is working towards getting a presidential decree and so that should be issued some time this year. When it is, and especially if we are getting a cash flow from our offshore oil, the stock price should climb even faster and higher. So yes, I would say that it is not too late to take a position. You could still end up making a 2,000% profit or even more than that.
Bullboard Posts
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