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Re: mAjOr dAmAgE post# 2870

Friday, 05/14/2010 1:47:54 AM

Friday, May 14, 2010 1:47:54 AM

Post# of 14456
would have no idea about the diluting and everyone has their opinion if they think they are or not. I have no actually idea so.... I like what I see from what they have been partnering with and for the size of this company, I would be a bit surprised if they are. The amount they are spending on these wells, kind of tells me they think they are working ones and they are only buying into them with smaller percentages at these cost levels. Therefore they believe there is something worth while going after. I am also not see the shares RISING warranting it to be "Dilution". I am not an expert in digging into this type of activity, but we will have to wait and see. Soon enough, IMO.
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