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Re: golfndude post# 3810

Sunday, 03/09/2008 11:30:03 PM

Sunday, March 09, 2008 11:30:03 PM

Post# of 30643
heres the deal, if this company is smart and they don't sell shares at this price and cause dilution and wait, the stock price will keep climing, they could sell shares in the 60 to 75c range to get capital to pay for drilling without much dilution as they only need to sell a few million shares to raise the capital opposed to financig or a partner, I will bet they will increase the percentage rate before drilling and also acquire more land, I hope we have smart management here, they got a excellent chance to make it big, hope they don't delute this now as the stock price is the vary foundation needed to be sucssesful, if they wait as the stock price incresses, so will there value and no need for massive dilution.