King Resources Inc (KRFG)

[H_Lane]

King could learn from CHAG
Another Oil & Gas company came out of dorminacy, Chancellor Group. They took out a 5 million dollar loan, issued some warrants to the bank and got there oil business going again. They are now about to release their 10Q showing oil revenue again for the first time in 7 years! Very similar to the situation KING is in. I wish Norris and company would take a lesson from these guys. Get a loan, issue warrants if need be and get the Mississippi/Lousiana field going to get the revenue flow going, file as promise, then build upon this with bigger and better financing to develop the Vermillion field! Of course its easy for me to say that on a stock message board, but I sure would like to see old Norris and company be successful again. I have a nice little stash of King shares and I would like to see my investment appreciate. Good luck longs.

Disclosure: I own King and Chag. Invest at your own risk.