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HighYieldStocks

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HighYieldStocks

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Tuesday, 11/22/2022 11:37:46 AM

Tuesday, November 22, 2022 11:37:46 AM

Post# of 42941
Quietly 88E is preparing for its 2023 drilling operations at the Hickory 1 site

Land permit application is filed...If you take a opportunity to review it a few positive things pop out...

Hickey site is Location right next to Dalton Highway..Application states only a 500ft ice road is needed to reach the site!!

Also the Application appendix map of the site indicates the Nordic Rig 2 will be used...interesting

MY opinion only...but if you look at the cost of Merlin 2 drilling operations the built up and tear down it cost about 26mill...Remember Peregrine is in the middle nowhere...

Hickory 1 is right off the Highway ...17mill in cash will be plenty to get this operations up and running...GLTA!!!
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