Premier Energy Corp. (fka PNRC)

[trumpy2]

The purchase price for this property is between $400,000,000 and $500,000,000 and will require an additional $100,000,000 for working capital and to finance a major drilling and development program. Premier Energy Corp. is working with major U.S. financial institutions to finance this acquisition. There are no assurances that this transaction will be completed.

So where is this money coming from? If they have this much cash why would they ever go on the .ob market.

If they release something saying they completed the purchase without dilution I may buy in, until then this is a crock. Why would they release this news, why not wait until the purchase is complete? I also noticed this is up on your site, you have to be pumping it so you can get out. Good luck.