OTCPK:WSRLF - Post by User
Comment by
muley1on Apr 12, 2010 4:45pm
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Post# 16983177
RE: Possible financing?
RE: Possible financing?Invesking
If your spidy sense is telling you a financing is in the wind, you had better think again! Financing at this time would be ridiculous from a point of view of timing and valuation. For one thing they do not need the money now as they have enough money to drill the next well. Secondly if they wait a few weeks/months the selling price will be appreciably higher. There is absolutely no risk of financing at this time!