OTCPK:WSRLF - Post by User
Comment by
framloegon Sep 15, 2012 9:17pm
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Post# 20371088
RE: Its the dilution also ...
RE: Its the dilution also ... U: I agree with you it about dilution, but doesnt GKP have somewhere in the neighborhood of 800 or 900 million shares outstanding. Every time this company has things lining up and to capitalize on the situation, something happens and its 3 steps back. This has constantly happened for the last two years(since they turned the corner). They have up to 2014 to prove up resources(not that much time left). When we look at bigger picture, it all looks so promosing, but the reality never seems to pan out or maybe i am just too impatient(4years now)!! If this stock is only on the Vulture Exchange by the time the O&G law is passed, we will not see much of an increase in valuation. It will be a great buying oportunity though for some, but I think I all full up on this play!!