Replies to post #852 on MineralRite Corp (RITE)

[goldforbrains]

I don't think there will be much dilution with this deal if it happens. There are other ways to get it done, ie debenture or subsidiary. Remember from the PR there is potential value of over $500 million at todays oil/gas prices. Having said that, your market cap of $100 to 240 million is not unreasonable.

However, this is all pie in the sky, because if this deal doesn't get done I think this company is toast for good.

If you can't raise money with today's commodity prices then you never will.