Empire Energy Corporation Intl. (fka EEGC)

[QuestionMan]

A few things about the PR that worry me...

EEGC "has, or is likely to have, sufficient financial resources to carry out the proposed work programs."

To me that still means we don't have the funds, why put "likely to have" if we do have the funds?

"application area is reduced approximately 50%"

We have now reduced our area by 50% and we now only have an application, not a license.

While I agree this is great news, and it gives us something to cling on to, I really don't see the market price moving dramatically in any direction. The price was barely 5 cents when we HAD a license, HAD a drilling team in place and supposedly HAD the funding.

Sorry to be a Debbie Downer, but I expect nothing more than this PR to give some support to maintain the current price.

What I see in the future, and what we wait for is MRT approval, SEC approval, and Hunt approval. When those three ducks line up, I call a knuckle puck FTW!