RE: Ho hum...another 10% dilutionI don't think that this is "ho-hum . . another 10% dilution". First of all, the company has several million in the bank and just drilled its third well. If that well was a bust, do you think they would have been able to raise another $15 million? I don't think so! I think that there are some very sophisticated people stepping up to the plate on this company. Secondly, the management of the company are too homorable (read that as "straight") to go forward with a financing of this magnitude without some confidence they got the goods. I am convinced that they have the goods and I am going to project that we will see much higher prices on this. It is certainly not for everyone, but it certainly is for me!! I am delighted with my 10% dilution. I only with ANY of my other ivestments could put $15 million in the bank to add to their existing capital ( north of $5 mill) and only see a 10% dilution.
Regarding BPI. I am entitled to my opinions. Also, I don't go touting my deal in someone else's Bullboard. Seems to be a bit desperate to me, but just my humble opinion.I've seen some of the players wandering the streets of Vancouver for years