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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 Beenburned64on Nov 30, 2012 12:34pm
276 Views
Post# 20667113

I agree with Tutank,

I agree with Tutank,

giving a news release every 6 months is not conducive to an appreciating stock price. Investors like to be kept abreast of what is happening with the company. Even if the news is not major it is nice to hear from the company every month or two just so you know there is a heart beat. Sometimes silence is deafening and people start to imagine the worst. Uncertainty has never been a friend of the equity market.

In my opinion though I think the risk/reward is skewed to the upside at this valuation considering they have a block in Namibia, an area which may yet catch fire and the fact that from what the company told us, there are interested parties for Lotshi.

Good thing I have stamina and some degree of patience as do quite a few others here. Energulf should not take this for granted.

Bullboard Posts