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Bullboard - Stock Discussion Forum Modern PVC Inc MPVC

GREY:MPVC - Post Discussion

Modern PVC Inc > How many meters?
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Post by Slippery_Pete on May 15, 2014 2:26am

How many meters?

Does anyone know how many meters they are planning on drilling or number of holes? I did not see any of this information on the news release just they are now drilling.
Comment by wazzuppp(*-*) on May 15, 2014 7:15am
don`t know but could be promising . gl
Comment by HighROI on May 15, 2014 9:14am
They raised $2.3M. Hard to say without knowing number of holes planned and depth. At least $2M is likely slated for Drill program. Fission just spent $12M on a 30,000 meter drill program. Much easier to drill on ice and just drag the rigs around though. Even though we have targets on ice I don't think we will get same efficiencies. I am going to throw out a broad range of 2,500 to 5,000 ...more  
Comment by losecash on May 15, 2014 9:25am
When I was doing dd a couple weeks ago I believe a saw 5000 m .
Comment by HighROI on May 15, 2014 9:59am
If you come across it again please post.
Comment by Campin on May 15, 2014 10:10am
According to the filing statement Dated Dec 19 (on Sedar) the plan was for 35 holes and a total of 5855 meters... Might have changed silightly since then, but I would imagine it is still somewhere in that ball park...
Comment by HighROI on May 15, 2014 10:12am
Thanks Campin.
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