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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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Post by Columbus1494on Jan 13, 2016 1:13pm
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Post# 24454393

News from Columbus Gold

News from Columbus GoldThe most successful company in Columbus Group,Columbus Gold will get 6 million$ in a deal that was released today. 

Robert Giustra, CEO of Columbus Gold, commented:This transaction continues to demonstrate our enduring commitment to protecting our shareholders from dilution, with creative solutions for raising capital in challenging markets. Columbus is now fully funded through 2016.

www.columbusgroup.com

It seems they dont like to dilute the shares if not absolutely necessary.Energulf will need money at some point.They could get it by selling the chromite project in Albania,that would be better than
dilution.Maybe Columbus Gold could be interested in buying the chromite project?

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