Strat Petroleum Ltd (SPRL)

[slice8]

Sure I worry about dilution. But at this point, it is the cheapest form of raising capital. It may well be the only way at this stage in development.

Sam could throw out all sorts of hype, but that is all for short term swings, not long term gain. And there has to be legal, as well as moral, implications in releasing news prior to agreements being made.

As for returning to hihger share prices with the issuance of even 200 million shares, in the long run, if things go the way Sam has planned, the share price will rebound. I never believed the $1, $3, AMEX listing crap. That was all spin. It is a long road.

Please reread my previous post on building foundations.

SPRL will either be a home run or fade away. If you have the conviction and patience, you stay. If not, get out. Dealing with Russians, technology, etc.. is a long term game.

Now financials, that is another story that I am more concerned with than share price or outstanding shares...