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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.
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Comment by Beenburned64on May 28, 2012 1:49pm
121 Views
Post# 19953062

RE: RE: RE: RE: Major support line is 0.50...

RE: RE: RE: RE: Major support line is 0.50...

Good point Truebluenoser lol.

Thats because they haven't drilled anything in 4 years. I'm not totally sure about my history (long time holders feel free to correct me)  but it looks like Energulf does a drill program about every 4 years. Holding it between those years seems to be a waste of time apart from the odd pump and dump here and there but you definitely want to be holding it during the run-up to drilling. I think this is the year they drill hence I am not selling here. I could be wrong, its been known to happen.

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