Replies to post #121 on Stans Energy Corp. (HREEF)

[twilikers]

Possible reason for going nowhere

Hi, M T Pockets

I'm only guessing but I would venture a thought that this slip and mediocre muddling around is largely due to the stock dilution that Stans chose to do in order to raise capital. Did you get the last press release that Stans issued about raising $28 million by offering Merrimam Capital common stocks and half-share warrants with the common stocks sold to them at $1.85 per share? Stans basically got the money it needed to do what had to be done, which is GOOD (feasibility studies etc.) But Merrimam has a four month "hold" period before it can decide what it wants to do with these stocks it bought at $1.85. The world is watching. Let's hope Merrimam is a believer and will wait for good things to come and not dump. Meanwhile it's wait-and-see.

Take care, Twilikers