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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 superstar1976on Aug 16, 2012 2:47pm
164 Views
Post# 20226050

Just read through a lot of posts...

Just read through a lot of posts...

after staying away from here for a while, playing ETF's (successfully I might add), and found it quite amusing to read some of the comments.

At the end of the day, its kind of what I have been saying all along.  There is one thing you can guarantee with ENG, THERE WILL BE DELAYS, and of course this is not their fault in some instances, but in other instances it is (like when they announce drilling dates without secured financing).  Juniors always suffer with delays, but when things get rolling, the potential is there.

Also, BB64 was realistic in that the PP would unlikely close as was originally planned, and simply they need funding to have any chance of increasing their SP.

I may start to scale in, but I do believe I'll be getting shares in October at 0.15 as I do believe we are going to see a nice market correction to the 1200's S&P before year end (1440 first though).

Good luck ENG holders, your day will come.

Bullboard Posts