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Ecomike

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Ecomike

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Re: jd19 post# 6203

Tuesday, 02/14/2012 12:06:32 AM

Tuesday, February 14, 2012 12:06:32 AM

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I agree, if it had been a classic P&D, they would have dumped new shares in late 2010, early 2011, when the retail was up over $1/share, and they would have raised enough cash to complete the well in early 2011. PR's prediction of major share dilution coming never happened. What did happen was a total failure to raise any cash and a collapse of the NG market price.

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

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