Bitcoin Bancorp Inc (BCBC)

[ezzo]

To follow up one step, check out their operating stuctures with their "operators". MENV gets a cut of maybe 5% on 50% of the 2530 acres of what? Moose pasture? Nobody knows until the testing is done.Even if it proves, here's 2.5% royalty.

They can't develop it. They can't get much nore than 2.5% of a buck OBIP for it. perhaps nothing if it proves out to no value. Sure, what isn't risky in pennyland? This one is scary in its simplicity. People think oil sands and see stars.

Gonna wager a friendly bet here that no one here even knows the varous extraction methods in use now in Athabasca. Those who do, please define how this will be accomplished. has MENV given depth levels of the discovery,porosity, depth of pay, percentage of bitumin, sulphur and most importantly, saturation content. If not, why not?