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Re: admfsf post# 5405

Thursday, 11/17/2011 9:51:58 AM

Thursday, November 17, 2011 9:51:58 AM

Post# of 6903
Why are you asking questions that have already been answered here a dozen, if not a hundred times? Petrohawk is not investing here because they are no more, they were bought out by BH Biliton IIRC. Guggenheim is already invested 10% in this well.

The shareholder loans have been to pay bills, keep SEC reports flowing, lights on, to keep the doors open while they seek the RIGHT partner and right JV money deal. It is a bullish sign, not negative as insinuate! Especially since they are not issuing dilution shares, and the loans have been UNSECURED!!!! A bullish sign of confidence by those loaning MNLU and AEXP the cash.

Guggenheim is restricted from loaning against the asset until the well is producing, and they want too much of the pie for more JV cash at this time.

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

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