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Re: kingpindg post# 20969

Sunday, 09/25/2011 2:49:58 PM

Sunday, September 25, 2011 2:49:58 PM

Post# of 28292
I just find it odd/ironic that this JV w Hce takes place than a rig deal follows. I would imagine some of the down payment came from selling some shares, than using that as down payment for a bridge loan to continue rig construction. The pictures posted on facebook could be legit of the rig(s) getting started but probably being sold for a fraction of whats being pr'd. In the next week or two I might take a trip over to see if I can meet with Hce in person. Wellc.
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