Friday, April 28, 2017 11:31:22 AM
In the last year the company spent $482,000, all funded, according to the financials, by management. (Excellent indication of their commitment)
The original contract with Norwest was for $37,900. They then added an additional drill program for $44,000. This would only have been agreed to if there was value to be generated. (Again an excellent indicator of what is to come)
They are already talking about another drill program to further prove up the resource. One of the posters indicated the CEO is happy with the findings of the 43-101. (All positive indicators)
The size of the sand as explained in the financials meets fracking industry requirements. The samples tested were all of an oval shape. (All positive indications)
The company is up to date on all their options payments and now their filings. It appears all their consultants and filing fees are paid. The OTC website now has them as current.
The outstanding shares and the float are very low.
All signs are pointing in the right direction
All looking very positive. Imho
Let's get that 43-101 and get rocking.
Recent NAFS News
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 01/04/2024 03:34:19 PM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM