Replies to post #5604 on Cross Border Resources, Inc. (XBOR)

[SeaOhToo]

Ed, "probably would not be the worst thing to have an extra million $$ or so sitting in the treasury. For that matter, Will Gray (XBOR CEO) probably has that extra money spent already anyway!"

Ed, read the terms of the refinancing of Little Bay....

"....The Company is obligated to pay all accrued interest and make a principal payment equal to one-third of the principal owed upon the closing of an equity offering resulting in a specified amount of net proceeds to the Company...."

[SeaOhToo]

Extra money in treasury, LMAO. Ed, please...

[kajulie]

agreed, let's see if we can get the fear mongering sticky post about cashflow replaced with the news. Readers deserve the facts.

[kajulie]

nice day here, broke 10-day avg volume and closed up 25%. L2 is looking incredibly thin, so the volume is especially nice to see.