Replies to post #730 on Cross Border Resources, Inc. (XBOR)

[Jengo]

Is the cash enough to CLOSE the acquisition or PAY for the acquisition? lol

[kajulie]

appreciate you the taking the time to call and reports the facts on the board. Skeptics can live and learn right? The facts will to continue unfold here and volume and pps should continue to march as more things to come to light.

I'm also encouraged about how quickly the CEO returned your call, especially with everything else he's working on right now.

[whitestar2009]

This reaffirms what we already know. They have enough cash to complete the acquisition, but not enough to completely pay for it and be debt free.

They've made huge strides completely removing the chance of bankruptcy. Now, they've 750k down on a producing property. IF they get the production bonus from the Hanson property, they'll be debt free and then some. But, like I said earlier, IMO the pps will likely reflect the assumption that money won't come.

Will there be great oppurtunities to add? IMO, in the short term, yes.

[Zoom-Zoom-Away]

Great to hear oils well! Thanks~