Political and union contacts in the US are not EEGC's greatest need -- or logically of any use, except maybe as holders of affinity credit cards.
We need someone with financing/oil company contacts. One of the new directors had in his bio that he was on the board of a company which lends to start-ups, perhaps that will help.
Meanwhile the biggest news of September 28 PR for those of us interested in oil and gas exploration, not affinity credit cards, distribution of medical waste technology to West Africa, or US residential mortgages, was that the EEGC management team was headed to the middle east to secure its financing. The market actually saw this as bad news, since the early September PR speaking of mid-November drilling was suggestive of financing in place (since a rig had to be ordered that same week to achieve mid-November).
Hopefully, some positive results from that trip in the very near future -- would be a VERY pleasant surprise for the market, as the pps is not expecting significant positive news.
Meanwhile, about seven months till Bellevue lease expires.
