Replies to post #441 on Oil and Gas Plays

[lowman]

Yup, we all know the ol' saying...if it looks too good to be true....! Question is: what's fair value, even with dilution factored in? Surely it'll find a bottom, but only problem there is, how long before it actually becomes 'undervalued', and worth buying up for the reversal.

I plan on calling management Monday and asking the hard question: Just when do they plan on finishing up on raising finances thru shares (dumping, in polite terms).

Who knows, I might even get a straight answer! LMFAO!

[Austin6310]

yes they did a 500-1 reverse split in jan.2005 and by them being on the pinks they can dilute and no one will know cause they are not required to report it.There is no doubt in my mind they are diluting the hell out of this again.So in my opinon be very careful here.I wouldn't touch it myself altough it does look tempting i must admit.GLTY Austin