RE: RE: Private Placement IMHO they pretty much had to, it takes money to drill and I think they were getting pretty low on funds. The good news is there gearing up for another round of drilling, after reading all of their previous press releases it sounds to me like they have a pretty good feeling that they arte close to hitting a sweet spot. Lots of data over the last 3-4 years, nothing is for sure but if they do strike in the right area it could propel this stock very much higher. Yes there is some more paper but still BMK at this price does not have a very high market cap so if they do hit a sweet spot I could easily see 10-15 bagger right away if not even higher