RE:RE:RE:RE:RE:RE:EW is trading for 7 cents in the USA as I type..a 52 week...Thanks for the additional insight, GoldenOrb.
Based on your knowlege of the sector and EW's situation, do you believe an acquisition in the Bakken of a small/mid tier producer would immediately enhance shareholder value? Also, IMO, EW's cash on hand position would not cover an acquisition/exploration and drilling costs, without a significant follow-on offering? If not a follow-on offering, what other financing options are available to fund an acquisition? My only concern (which may be unfounded) would be doubling or tripling the shares on hand which would dilute current shareholders and could eventually lead to a reverse split. I would appreciate any comments, as I respect your knowlege of EW and this sector. Thank you.
Also, I would appreciate all comments/thoughts from EW shareholders....there's a lot of expertise and talent on this message board.