Share Price Will Dictate Action...We can dream all we want...but...if Bonifacio cannot get the stock price up he has no option but to make a deal.
In his latest Webinar it is very obivious to me that he is prepared to make a deal with the right entity as I described in my last post on the subject. He has no choice.
If you read the Fundamental Research Corp. report which I believe is very much accurate...they had it right on in terms of drilling and such...they report that an additional 7.5 million US must be raised before the end of the year...serious dilution to be sure at current pricing.
CEO Giulio Bonifacio will not in all self-consciousness and from a business aspect even contemplate any such activity...it will not happen.
There is too much at stake.
In otherwords...get ready for a deal in the very near future...he has little choice at this time.
All the Best!
Digger0144