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Re: dbelmont post# 3945

Thursday, 07/14/2011 2:41:44 PM

Thursday, July 14, 2011 2:41:44 PM

Post# of 6903
I think the word from management that they are or were, (may already be a done deal), close to closing a senior secured note for cash (and not selling convertible debt, or doing a costly JV deal), put the bottom in about 10-14 days ago. They also said that once the deal was done (word then was it was about 2 weeks away), the would begin work on completed the well, Fracking and tie in to pipeline right away. So people have been buying and holding!!!

Ambition with out knowledge is like ship in dry dock. Going nowhere fast!

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