InvestorsHub Logo
Followers 223
Posts 11575
Boards Moderated 1
Alias Born 07/07/2008

Re: coachum post# 3826

Monday, 04/20/2009 2:38:38 PM

Monday, April 20, 2009 2:38:38 PM

Post# of 42999
they need to raise the money of 2.5 million(estimated) to drill the bellevue. they should not count on the shareholder's rights offer to raise money to drill because the drilling of bellevue will raise the pps. otherwise the pps stays low and the .07 level is mute.

hopefully, the new jv partner will help raise the needed money.

we shall see.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.