RE:The New Elephant In The Room - 300,000,000 Shares For Sale?I'm sorry to hear that your investments are not meeting your expectations. I don't think your temperament and investment timeline (a couple months) is well suited to investing in junior oil and gas. Have you considered banks or utilities? They pay nice dividends and tend to provide steady growth.
65F09A wrote: It only took a month to get the Eagleford elephant resolved. Riski was very quick to tell me at $6.16 (Jan 27) that everything would be fine, Greager would make sure.
Now we have 160,000,000 (Juniper)-300,000,000 newly minted shares that can and will be sold at $5.74 with a very short lock-up. Juniper isn't here because they think BTE can do it better. Private Equity always over hangs an equities valuation. It came up on the call yesterday that it was an over hang on Rangers valuation. Now it is our problem!
I sure hope Gambino has deep pockets because we need some BSD American like him to buy a few hundred million shares.