InvestorsHub Logo
Followers 213
Posts 61268
Boards Moderated 3
Alias Born 09/22/2005

Re: CLZ post# 5383

Tuesday, 05/30/2006 10:20:04 PM

Tuesday, May 30, 2006 10:20:04 PM

Post# of 35788
This is the third acquisition announcement - Some people are probably worried about how we are going to pay for these - I am not - These are low producing wells, and not worth much to anyone unless the have something like the hydroslotter technology. This means that we have leverage in terms of how to pay. Working Interests strike me as the most obvious, but there are many more options. I really dont see any dilution of common shares. Maybe some resticted shares.

Shermann