RE:NewsBoy, the big boys play hard. Massive dilution that gives the big boys a much greater percentage of the company when the operations get started. I have not bought in and cannot see buying in now as even greater dilution will come early next year. IMO, they do not need the $7 million for early next year. All they want is a greater piece of the pie. I can remmember Shiff posting that they had plenty of money to complete the drilling when I prediced they would have to raise money to continue operations. I think Shiff was right all along. What do they need $7 million for. Either they can get a loan or they cannot.
I suppose you could pony up enough money to increase your holdings another 35 percent to fight the dilution, but how many here can afford that with the risk envolved?
Too much risk for me.