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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 Mar 14, 2017 5:47pm
178 Views
Post# 25978950

RE:RE:An ENG run.

RE:RE:An ENG run.Good luck raising the kind of funds necessary to advance projects at this share price. At best you add more dilution just to keep the lights on and pay the management's salaries for another year. Take a look at a ten year chart. Companies with charts that look like that don't generally ever come back. If this company was ever going to have a shot at something, it would have been when the share price was much higher and they could have funded a drill on Lotshi. They couldn't do it then, how is it going to happen now at three cents a share and a fraction of what it was when Lotshi was on the table?
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities