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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
Comment by travelnutteron May 06, 2008 2:05pm
320 Views
Post# 15043128

RE: Hey Zeta..TA chart man..look at this job..

RE: Hey Zeta..TA chart man..look at this job..I think you made the right call on ODE.  I've looked at it off and on for some weeks now.  It does look promising at first but your comment about high share float is right on - approx. 190 m shares - it just seems to me that their sp keeps poking along without much lift and I think the huge # of shares out is a key factor.  ENG has such a small share float in comparison.  If you want other energy plays you might be better off with the St. Lawrence shale plays but they have good size floats too.  Hard to beat the upside potential of ENG.  Take care - let's push through 2.50 today.
Bullboard Posts