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Tr8dervic

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Tr8dervic

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Re: joyceful59 post# 89

Wednesday, 05/03/2006 11:24:26 AM

Wednesday, May 03, 2006 11:24:26 AM

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No, they are not drilling yet. A spud date would have been announced if they were. According to the presentation they will raise funds for drilling several wells and 3d shoot significant more acreage (64000 acres/100 sq miles).

There is no way for me to know the timing of that. All I know is what they have is worth a lot more than $2 undrilled imo. Imho they could sell the current prospects for 3+ if they wanted to.
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