Replies to post #13326 on Value Microcaps Junior Energy

[ashy2classy]

They're still trying to bribe the rest of the villages to get the second pipeline complete. ;o)

[Rastamon]

From the March 11 press release:

The rig has now been skidded to the last drill slot on the pad and the rig is being set up
and upgraded to prepare for the UMU-11 well. It is anticipated that the UMU-11 well will
spud during March 2013 to develop previously appraised oil reservoirs.

As Crucible says, this is a "hold your nose" investment.