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Smooth

02/14/13 10:47 AM

#1578 RE: J-Rhino #1577

Drilling will HOPEFULLY start in Q1, but I would not be surprised to see it pushed back even further....maybe to April. Any delay, to my understanding, has nothing to do with any problem issues; rather, TGC is still "getting it's ducks in a row" as there has been a few key changes to mgmt as we know and there are still licensing/regulatory issues that need to be completed.

I also wonder about TGC possibly looking to raise additional funds PRIOR to drilling? I prefer that they drill first, find oil, and then sell shares...but knows what they'll do. TGC is steering this ship and HENC is along for the ride...at least in regards to timelines and drilling sites and related issues. All is on track in my view. Patience...all of us...we're getting closer!

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biomanbaba

02/15/13 10:53 PM

#1580 RE: J-Rhino #1577

37 to 44 days out as I understand reports from down under. The potential here is to turn 40 cents to 40 dollars on best case outcomes like 4 wet holes........it is oil speculation...but I like it a lot