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Re: EquityTrader post# 15981

Tuesday, 06/28/2011 12:53:15 PM

Tuesday, June 28, 2011 12:53:15 PM

Post# of 60230
There will be no feasibility study until they obtain a drilling permit, and do scads of work to possibly prove up reserves and a resource.

Surely SUGO knows that.

All important at this time is working on their plan of operation, then filing for permitting with the BLM. Then, the long wait begins. The BLM can't and won't allow forward movement till the public review process is cleared.

This will be a long drawn out process.

Good luck to ya longs, and be sure to protect your profits along the way.

Fist, though, ya'll better hope they actually get this funding.
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