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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 asdfbcon May 24, 2008 3:16pm
392 Views
Post# 15106916

Facts.

Facts.I'd like to stick to facts.....be them good or bad for our cause.

The fact is that Greenblum has exercised his options/warrants just this past couple of weeks, and to date, he hasn't dispose of them yet.  If he has in the past few days, I guess we'll find out thru CanadianInsider.com as he has to report these dispositions.

The point is, why exercise them now ......... with just a few days to completion of the drilling campaign.  The amount isn't insignificant either, it's about 700K!

I guess we'll find out in the coming days/weeks, nevertheless, it's an interesting move on his part.
Bullboard Posts