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Replies to #7960 on One Step Ahead

Bo14172

08/11/04 2:25 PM

#7966 RE: elo #7960

elo, this link will answer your question:

http://www.greatcanadianrivers.com/rivers/north_saskatchwan/economy-home.html

As you can see, any oil and gas production is centered in Alberta, which produces 82% of Canada's oil and gas.
I simply don't believe it is ecomonmically feasible to test and produce oil from the FALC region.

What's interesting is on this same page, scroll down and look at the article on the lower right hand side. We know most of this, but interesting read nonetheless. : )

I haven't forgot about the Uranium-Kimberlite connection. Zen brought up the notion that certain key executives in uranium companies are also prominent, or connected to CMKX's diamond operations. I wanted to take it a step further to see if uranium can be found in kimberlite to see if such potential exists in our claims.

So far, I found one site pertaining to Debeers which I'll post once I exhaust my research.

I would think if other precious minerals, including but not limited to uranium, are found in ground samples or kimerlite samples, we'll surely find out.

In sum, I don't see any evidence where oil and gas are involved or feasible. Uranium and other precious minerals are possible, but diamonds are what make this engine run.

Be well, Bo






DrDiamond

08/12/04 4:56 AM

#7992 RE: elo #7960

Hi Elo,

From my understanding the aerial survey could not pick up on any oil or gas deposits.

I do know from a few weeks ago I ran across some information about the old Panterra claims that were transferred or somehow became CMKX claims. One map showed them as Panterra claims in the Smeaton Property and the next showed them as CMKX claims.

Panterra is usually an Oil and Gas company, but they actually had found a Kimberlite body in their claims and were going to take steps to have it core sampled. Maybe CMKX has taken that on as another JV partner. If so then we may have some new connections with oil and gas, but I believe it would only be through Panterra.

Also I believe it takes a whole different form of mineral rights and permits to deal with the oil and gas deposits. As far as I know CMKX has no mineral rights to any oil and gas.

I am sorry I have no links at this time to share with you, but I do have a comparison of the two maps if you would like I could probably find it and post it? Just let me know.

I just noticed I only have 16 more posts. i guess I will have to remedy that as well.

This is just my opinion and I ask that you treat it as such.

Dr.D