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Re: WillyburgD post# 87749

Wednesday, 02/01/2012 5:46:25 PM

Wednesday, February 01, 2012 5:46:25 PM

Post# of 173219
Hey Guys- First I am Not a Typist- Only Can be succinct-
Just trying to explain the Limitations here
We need more $ to Drill 5 Million Minimum if they dont raise capital and this is the only thing they come up with then the restriction becomes the 5% stock ownwership and if they sell shares into market then it becomes a back door dilution...please some help to explain the issue ...can someone see what I am trying to bring to the table as to what I perceive the Problem to be ...... HOw can they raise 5 million today to DRILL otherwise doesn't move us closer to a Value asset in the ground
Time for Dinner
Sageman
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