RE:RE:RE:RE:RE:RE:Talked to ChadI just called and by my account some of the information is innaccurate.
The money part is correct there is enough money to drill holes with the core rig.
Right now they are NOT drilling with the core rig. They are still attempting to drill with the RAB with no success. The overburn is an issue and they are getting a tech on site to address compressor issues with the RAB. He said they don't have any successful RAB holes.
This was a bit of a surprise to me. I thought we would be well into RAB drilling.
Chad is eager to continue with RAB drilling to hone targets because he has used it before and it is very cost effective. He didn't rule out going to core rig if they can't solve issues.
So don't expect a halt on an offscale. He also said they will come out with a news release when they start with core rig.