Ann: Fremont Petroleum Corporation completes $1.7m Placement, page-35

Hi Junior
Since you are in the mood of posting and have seen the term sheet reconcile the numbers for us . Did they raise less shares than disclosed. Did they raise at a lower price for Trache 2 .

Btw Junior
Junior companies as is true of bigger companies range from very bad to very good . One junior company I know of has spent 70m of shareholder funds to earn about 4-5 m over the same time , has costs of 4-5 m pa and revenue of about 1m . It keeps accessing money from new suckers .. um I mean shareholders to drill the same kind of wells were they have lost 70m on. It fits perfectly within the very bad junior companies . Do you know who this may be ??

Clue
F-L
Fill in the middle letter .