I OWN TERRA NOVA TOO, BUT I'M NOT SO SURE IT'S A BARGAIN COMPARED TO HENC. I'M MOSTLY CONCERNED ABOUT THE DILUTION, BOTH CURRENT AND FUTURE. THERE ARE A LOT OF WARRANTS AND OPTIONS OUT THERE THAT CAN BE EXERCISED IN THE FUTURE AT REALLY LOW PRICES, ESPECIALLY IF TERRA NOVA HAS A BIG HIT ON ONE OR MORE OF THEIR WELLS DRILLED.
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