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The Wawh

05/09/07 10:31 AM

#44 RE: kanzler #43

Good news

In general Private Placements are sold way below the actual value, in order to give the 'investors' some apperite. So, if way too low, means 3 cent below yesterdays price, that is fine with me.

The share prices we not following any reason anyway last few weeks. But it might go down first additionally, remember the San Telmo conversion, where people liked to shoot themselves in the foot, it went down to almost the bottom. I got in at the lowest prices and sold partly at last year's highs. So whatever, it is fine with me.

After all those recent presentations, the good thing is, that we have 6-8.5 M$ more to invest in land and development (meaning: excesive drilling!!). Cash is always a good thing, just a new investors. With the low number of outstanding shares we can need those new shareholders.