Replies to post #17805 on Empire Energy Corporation Intl. (fka EEGC)

[EarnestDD]

Sorry ... EEGC can't have it both ways.
On the one hand it was apparently
"In the past it was difficult if not impossible to raise large sums of money"
And yet, other projects, even other oil projects in Tasmania got funded.

And recently it was said to be difficult to raise money because of current economic conditions.

Now its
"I don't see raising $12 million as a problem at all."

So which is it??
jmo

[jellicorse]

then why has the people with money not stepped up? If this is a sure thing then I would think they would like the idea of making even more money.

[Tech Master]

No billionaire or millionaire is going to invest in the company without significant strings attached. Bendall hasn't shown any ability to leverage these alleged relationships with the uberwealthy in the past... so why do you think now is any different?

The stock closed on the day low of 2 cents. The market isn't betting on a billionaire bailout.