Quote of the year Nathan:"2014 looks lean. Even forgetting the...

Quote of the year Nathan:

"2014 looks lean. Even forgetting the possible dilution, it is just hard to see if we will reatin any significant acreage."

Better make that quote of the last 3 years, because that's how long it's been since GGP released news of their Permian Basin purchase.

Shares then were = 1,296,191,946

Shares Now = 4,773,456,815

Not bad, an increase of 3.48 BILLION SHARES

Or those that still hold from that period their shares are now diluted by -70%

So against all the hype of being fully funded in 2012 with the view of 8 producing wells in the Permian Basin, this abnormally high dilution plus no market for sellers doesn't make for a good X'mas present from the ex. chairman and the board.

However, I do wish all a very Happy Christmas, and a much more profitable New Year in 2014,

Also there may be some post festive season joy for those who are part of the CA.