Vik, I am not negative about the raise itself. It is the attached options strike price that raises some concerns. Would have liked to have either seen it higher or for it to not be there at all. If the issue itself is good value at 25 cents, why the incentive of options at 35 cents also? Interested in peoples wiews about what such a seemingly low strike price in one years time.
elk petroleum seeks a$5 million at 25 cent, page-18
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