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Re: korpin post# 1750

Sunday, 09/30/2012 11:24:13 PM

Sunday, September 30, 2012 11:24:13 PM

Post# of 7306
Agreed Korpin. They appear to have $85,000,000 in the bank as we speak. Don't know what the burn rate is for the drilling, but it consumes cash on hand fairly quickly it seems. But they also have farm outs, partnerships with the likes of Marathon Oil, and probably deals discussed on a daily basis over the phone. We just gotta wait it out till Twiga comes home.
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