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Re: FELLER post# 51191

Monday, 12/10/2012 10:10:26 AM

Monday, December 10, 2012 10:10:26 AM

Post# of 78704
Drake will only lease your North Dakota minerals if it can work out an arrangement, with another scam company, that will cost Drake no cash (similar to the Pennsylvania arrangement) while giving some (false) appearance of value.  Drake's cash is purely nominal, while its current agreements put it well north of $360,000 in the hole.  Then there's all the recent palaver about Drake doing some horizontal drilling im Pennsylvania.  That would put it another million or two in the hole, I suppose, although there's no danger that it will actually happen.

Good luck, and be careful in the non-oil patch.