I remember back in the Fall there was rumors of NOT was doing a financing at $10.00 ...... That would have been prudent at the time..... They held off and choosing to wait a little longer.....The financing at $4.00 was the result.

I'm long on FNC and the opportunity..... I am also a realist.... it wasn't too long ago FNC was litterally a penny stock..... so dilution in the multi dollar range should be kept in context...

I would feel much better if FNC was sitting with 30 million shares and 5 million in the bank..... Than with 27 million shares and no cash..... should drilling not go just ticky boo..... When you have sufficent funds one has time on their side.