Replies to post #4342 on Mainland Resources, Inc.(fka MNLU)

[crossroad]

Everything is up in the air. Not raising money is not an option anymore - the share price is a reflection of that. I sent Mike Parker an e-mail on Thursday, but haven't received any response. Usually he responds to investors' queries within a day or two. I guess we will hear about something before the month-end. I can't believe nobody is giving them money to complete the well given the core results from drilling. I still believe the stock has a huge upside. Thanks everyone for sharing their thoughts and opinions with us.

[DeeDog]

Thanks for this reminder. Even tho it was only a couple of months before I got in, I think this valuation was after they were in dept by $5 million.

Just a reminder, that there was PR about 10 months ago that MNLU was worth a good 50 cents/share (liquidated) based just on proven reserves in Louisiana, and that was at old oil and gas prices from about 12 months ago. So current prices are a steal here.

This is comforting since I've averaged down to about .50 but I don't expect them to liquidate anyway. I think this is a financing delay like many are having in this economy and it will be worked out, one way or another.