Parkcrest Explorations Ltd. (PKC) Harken (HEC) partner Message Board

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Gold/Mining/Energy : Parkcrest Explorations Ltd. (PKC) Harken (HEC) partner

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To: Jeff who wrote (168)	7/19/1998 6:24:00 AM
From: Ed Ajootian	Read Replies (1) of 261

Jeff, MSTB stands for Thousands of Standing Tank Barrels (of oil). Not sure what the difference is between a "regular" barrell of oil and a Standing Tank Barrell of oil. I believe the big volume is definitely a harbinger of good news. But I suspect it will be mixed in with some news that will not be so good. For example, to raise this $10 mm, don't you think the only way they willl realistically get that much is by an equity financing? And issuing $10 mm worth of stock with the stock price at these levels is gonna be very dilutive. We may have to issue the stock at $.50 which would result in about 30 mm shares out.

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