Aspen Group Resources (ASRPF)

[Amaunet]

Cubacan , of whom we own I believe at least one third, on EA 94 with its partners are committed to: “Spud a well at an approved location drilling to the base of the Riverdale Formation of a depth of 2,500 meters on or before February 8, 2003.” Failure to comply with that commitment as well as others on EA 94 will result in the cancellation of the Agreement and the forfeiture of the performance bond. – Cubacan Annual Information Form

They are a little more than one week away from possible cancellation and forfeiture and I have not yet seen funding, but could have missed it. IMO Am


Reference:
http://www.investorshub.com/boards/read_msg.asp?message_id=647681