RE: RE: This week should be lots fun...UP WE GO They do have to raise money but it doesn't have to be by PP. When they did the previous PP at .32 they expected the sp to go up from there, and the if they have to do a PP the .32 will have no bearing on the the nextPP. I'm sure they had hoped that the sp had gone up to 90 cents for the 20 consecutive days to accererate the warrants and collect the 10 million, then there would't have been a need for a PP for a while. Unfortunately the n51-501 included the one unplugged hole, and we ended up with quite a wide range for gas estimate coupled a with bad market in general we end up right where we are. The good thing is things will start to happen much quicker during the next 12 months, starting off with the gas pilot project in the first quarter. Lots of people underwater on this one, myself included, but you really haven't lost anything if you don't sell. I think a little more patience with this one will pay off. JMHO