Replies to post #18331 on Alkane Inc (ALKN)

[Ebs]

Just Da Facts - you are showing your ignorance...

You may be correct about the temperature - but how is the ground - has it thawed?

I am no expert, but if I were drilling in a swamp (like Shire) I would want to hit it after the first good freeze to stabalize the first few feet - not any later. If you are drilling in an are with overburden (like Wekusko), it would be much more difficult to get through if it were frozen. Since that area had all winter to freeze, you have to wait until it all thaws. I would expect that the frost penetrates many feet into the ground. Even if the top foot thawed, and plants started their spring thing, you would still have to wait until the ground underneath becomes warm enough.

What I do know... I went to school at Michigan Tech in Houghton Michigan located in the Keweenaw Peninsula, surrounded by Lake Superior, much further south that where they are going to be drilling. We always had plenty of snow to keep the kegs cold this time of year. You could always find drifts well into May and sometimes into June if you knew where to look. That was long after the temperatures and the calander indicated it was spring.

Just because it is over 50 - even for a couple of weeks - does little to thaw something frozen solid. Heck, I can even remember ice fishing in when the temperatures was in the 50's several day in a row.