Post by
Scorpio2 on Nov 25, 2014 9:55am
Timing of Gibbons Drilling?
I saw a recent article or publication where Armes indicated that drilling on Gibbons Creek would be "early in the new year". I was under the impression that drilling was to occur as soon as the ground froze up (based on earlier comments) to allow equipment in to commence drilling. Not sure why we are waiting till the new year as all the permits, contracts are in place. Can anyone confirm on this point or provide any reasoning why we would need to wait till the new year? The sooner we drill Gibbons...the sooner this company's stock price is really going to start moving. I was hoping to see driling commence in December. The only explanation I can think of is if they start in December, they might have to shut things down for a couple of weeks with the holidays and then have to restart in January, which they may not want to do.
Comment by
nopoo2 on Nov 25, 2014 10:05am
"if they start in December, they might have to shut things down for a couple of weeks with the holidays and then have to restart in January, which they may not want to do." Best to wait. ttfn nopoo
Comment by
nopoo2 on Nov 25, 2014 10:17am
Just heard re drill start - First week of January if all goes as planned and mother nature cooperates. ttfn nopoo
Comment by
AllDutch1234567 on Nov 25, 2014 11:25am
I talked to Roger Leschuk (Lakeland) and he said there will be a press release when the crew is on the ground.