If there is no long term plan then there in NO plan.
The next obvious step in Belize is to finalize the Paradise acquisition and review whatever geophysical information they have acquired concerning the drilling prospects within that concession area. The Maya mountains are a combination of volcanics (most of the volcanoes are in Costa Rica thankfully, none in Belize today that I know of), highly metamorphosed paleozoic sediments with patches of prospective permeable porous sediments. (Mostly old sedimentary rock, convoluted and raised up into the montain range.)
The BNE property just north of us, and the Maya Mtns., is vuggy "karsted" tertiary limestone. That company cherry picked all that rock early in the game. The geology south of the Maya Mtns., our concession in large part, is tertiary sandstones, siltstone and mudstone combinations. Good prospective rock but less valuable than the limestone to the north.
Little or no drilling has occurred in the Maya Mtns so little or no core information at depth is probably available. It could contain some surprises. We need to drill and "core" tha best patches of basin rock in the territiory and see what we have. Oiljob
But long term, our future still lies off-shore. That has to be the long term plan. Obviously commercial events onshore could delay that plan in the near term. Let's keep our fingers crossed and find a nice little oil field right next to Big Creek, or Monkey River.
AI
