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Energulf Resources Inc. ENGFF

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

Bullboard Posts
Post by DoubleManon Apr 11, 2008 2:56pm
214 Views
Post# 14963211

Management is watching....

Management is watching....ENG has the financing in place and drilling is underway,,,,as crews are scrambling around a ship 24/7, busting their butts off ...all in an effort to make the exploration pay off...

In the meantime what is happening  with investers...they are fighting like a bunch of pigs in a  feeding  frenzy at the trough...self preservation combined with pure greed to see who can be best leveraged when the anticipated news is released..

No wonder management is hesitant to release news...the stock has already fallen 30% and the drill bit is just getting wet in the water...

Is there any other better place to be than wallowing with the oinkers....
Bullboard Posts