OTCPK:WSRLF - Post by User
Comment by
Drillexon Aug 20, 2014 10:47am
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Post# 22859914
RE:RE:RE:why the financing a few days ahead of these results???
RE:RE:RE:why the financing a few days ahead of these results???Wind..........so which results do you refer too? S1 WO results are a long way off as the tubing is not even in the ground yet. H1 had a 6 hr OH test on the Jerebi and came close to being blown out of the hole on the Oligocene which is now behind casing and waiting to have its WO started. K2 had the extended well test and still has the producion equipment sitting on location. No log data has been released either.
So if you are refering to the Q2 financials which will show the money spent to date and what cash is remaining there is probably not much of a results release coming soon.
It was either sell off or finance, you will get your approximate 1 for 3 shares to cover your 30% dilution at a good price. Why complain about Crest who have been a strong supporter.
What am I missing? Please inform me as I just drillem and Fracem