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Re: None

Monday, 06/17/2013 1:51:48 PM

Monday, June 17, 2013 1:51:48 PM

Post# of 44483
Lots of concerned investors posting here. As a pretty new comer to this stock let me share my concerns. 1. I don't have any dry powder to put in at these cheap prices. 2. There is no guarantee they will hit oil when they drill, so this is a gamble until they start to pump out the black gold. 3. 5 Billion A/S and yes capital B seems pretty high when the o/s is considerably lower. I could see this company diluting some shares to pay for any extra expenses they could incur that was not allocated in the $15 million they got for drilling. If someone bought in at lower prices and is selling them off cool. If the company needs a little cash to pay for unexpected expenses that's not great, but understandable as anyone who starts a project knows there can be unexpected expenses(ie. weather delays, and if they are renting equipment that's more $$$.) I wont get too too wordy with my post, but i do hope i can ease your concerns some. Anyone who invest in this should be playing this as though its a long shot at a bargain. Its better odds then a casino, and at this point in the business its a gamble.
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