Re: Melkior Resources: Opinion
posted on
Aug 24, 2008 05:46PM
"there won't be any drilling on McFaulds until the winter because they want to take advantage of the long daylight since its so far up north, near james bay, they can have two shifts working everyday, as opposed to one shift in the fall."
The farther north you go in Canada you will find its stay daylight for most of the day/night in the summer. In the winter time there are very few hours of daylight. It is my understanding they use diesel generators for power up in McFaulds Lake. I would assume most companies would like to drill in the fall more than in the winter. In the winter they run into the water freezing up problems, as they need water to run the drills.
I have just started covering MKR on the TC site, please feel free to join in the discussion. Perhaps we can post back and forth on both sites. Not many investors following MKR currently, but I have a feeling that that will change soon.
http://tradingchief.com/en/mboard.ph...
Lets keep the flow of info coming on MKR and see what we can come up with. I really like this story and feel we could have a winner here. Interesting story and excellent management team. I just wish management would do a little more on the promotional side.
Al