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Post# of 42999
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Howardhaftel

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Howardhaftel

Re: rigman post# 17483

Thursday, 09/02/2010 6:08:46 PM

Thursday, September 02, 2010 6:08:46 PM

Post# of 42999
The aim of the RO was to raise enough CASH to drill Bellevue and Thunderbolt

That was the original program but with time things improved a lot.
You will find out just how much shortly. It has already begun.
Malcolm erased debt for equity at the 7 cent rate.This was a sacrifice for Malcolm and a big plus for the company because at the time the stock price was about 3 cents and he paid 7 cents.
Now I know you are chomping at the bit to find out whats going on.
Patience.

This is only my opinion!

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