Elray Resources Inc (ELRA)

[fizzlydee]

I know this looks pretty crappy right now but you have to think they converted a good chunk of there debt (stated in last 10-Q). All the new debt the issued is small and is not maturing until 2015. I know the dilution is a problem but i think it is about is bad as it will get.

On top of this, there is a possible 250K a MONTH from the gambling wagers. It is not huge, but incomparison to the rest of the year that is huge. But hell... what do i know. Very optimistic for a good jump. After that, time will tell.