InvestorsHub Logo
Followers 13
Posts 479
Boards Moderated 0
Alias Born 08/08/2013

Re: MasterBlastr post# 60341

Thursday, 03/20/2014 8:41:28 AM

Thursday, March 20, 2014 8:41:28 AM

Post# of 71458
Afraid you're making an inaccurately hasty conclusion.
First off, what kind of dilution are you talking about?
The 70mill we gave ADR? I wouldn't count that as dilution
because it won't go into the float for years potentially.
I don't count held stock as dilution.
Also giving only 70mill with such a high authorized suggests to me
they are just about done giving out stock.
But what do I know? It could go to the trips. And I have a few k waiting if it does.
And another thing while we are running the slander campaign.
"ADR produced 100 barrels last year... Some reserves they must have!" Or something to that effect.
It wasn't your comment but I was amused by this as well.
It doesn't matter how much you have in proven reserves if you don't have an effect way to get to it.
Collaboration of funding, management, and equipment may drastically aid this endeavor.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.