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Message: Re: Just My Thoughts
2
Oct 23, 2007 06:11AM
2
Oct 23, 2007 08:02AM

Oct 23, 2007 08:33AM

 

I think when this first hit, there was a lot of scepticism on the part of everyone.  I think Probe was right to wait a bit to see if this was for real.  At Kaiser's talk yesterday, he made a point of saying that a lot of companies had drilled in the area looking for specific formations and results and when that did not occur, they wrote off the projects.  If this is a new type of deposit and continues to prove up, we will have drilling for months if not years to come.  Also, there is an issue of available drills, crews and so on.  That is a nasty area in McFaulds - very wet and swampy - much easier, less costly to do after freeze-up, which is what management has stated they intend to do.

1
Oct 23, 2007 01:57PM

Oct 23, 2007 05:54PM
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