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R4M0N

05/28/10 8:42 AM

#15243 RE: rigman #15241

But they granted the two most promising expanses identified in the previous license. If they really had that much reservation about EEGC, they wouldn't risk those two gems on a company that has no chance to drill.

Quite simple. The shorter license may have been just a way to "force" things along faster, but if they really believe this is a waste of time, they wouldn't have granted the license. Two years is still a long time to wait for something you know isn't going to happen, if they thought it wasn't going to happen.

The license is a clear signal that the MRT thinks EEGC will drill. No doubt about it.