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bucks2pennies

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bucks2pennies

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Re: Tates post# 30103

Thursday, 12/19/2013 10:51:33 AM

Thursday, December 19, 2013 10:51:33 AM

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Good reads. But who is to say GRPR management will be using cutting edge tech? It seems the up-front investment to do so is practical given the overall picture for future profitability but do they have access to the production $$$ to do so?

Given that the drilling tech has improved and GRPR's management utilizes it, having a drilling permit early 2014 and assuming management has also taken the waiting time to prep for the drilling, Grid could have a productive well by end of first quarter?????

Wouldn't that be nice....but I would be happy if that occurred by end of second quarter as well. In any case, pps upward movement depends on some form of public announcement that drilling is imminent.
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