RE:Bought DealWHY?????????????????????
Why do this deal now. They don't need the money now. Start drilling, see if we hit some good rock. Keep drilling, see if we hit better rock. They are excited about a few areas.
Lets see if the stock can get to $1.50 then they only have to issue 36.67 Million Shares. I feel the worse for people that bought 6,7 years ago. Then I feel bad for me having $$ tied up and watching this never ending dilution.
Looks like DILUTION is the name of the game.