Whether or not the PP was done at $4 or could have been done at $10( as most of us were led to believe from RN's comments) is irrelevant. The deal is done and  when all this shakes out we will all be selling into a much larger SP. The only question I would have is why did they not start to look for the $$ when the stock price was over $6, but c'est la vie.

They did not dilute the share value as badly as some other area players, nor did they give it away. Lets face it they now have enough $$ to expedite the drill program, which is what everyone is looking for. RN is all for shareholder value and is a man of integrity if he thought he could wring more $$ from the PP he would have done so.

Remember Rome wasn't built in a day and neither will Mcfaulds , have patience and trust in RN and you will be rewarded

GLTA

Joe