Replies to post #17952 on Empire Energy Corporation Intl. (fka EEGC)

[EarnestDD]

The PR'd $50 million Line of Credit.
Does it exist or doesn't it???

I agree, we will find out soon.

And if it does not exist ... Malcolm has some answering to do.
An investigation would be in order .. and yes it would turn Very UGLY.
jmo

I agree. If Malcolm indeed does have access to a $50 million line of credit perhaps now would be a fine time to tap into it and get Hunt paid in full. On the other hand if the line of credit does not exist Malcolm will have to answer some tough questions posed by shareholders IMO.


This could indeed turn very ugly.

[rigman]

Why didn't MB use some of this $50 mil to drill Bellevue when the rig was on location? If he had the money this would have been the best time to use it.