RE: The devil's advocate, Tidbit, love & spooning.Well, while the tsx was plunging down 200 + points and all me greens were changing to shades of red, except this little gem here, I decided to give management a dingle and get acquainted. That's normally what I like to do after I've read about all I can and taken a nice position. Giving them a call and getting a good feel for where they stand on several fronts helps me sleep alot better at nite.
I was impressed; they returned my call within a couple of hours and were open and upfront in all their responses.
I inquired as to how many holes were being drilled and it is 27 and they are contemplating bringing in a second drill as well. They are also in negotiations with an engineering firm to undertake a scoping study on the property.
This company not only as an exploration licence, but they have their exploitation licence as well so they are already authorized to extract. Whether they take it to production or whether they have say a major come into a JV to take it into production with them is definitely the directon the company plans on taking the project.
This stock is now coming onto the radars of more investors and as those drills start talking and the news begins to flow , the powers to be that have been holding er down will lose that control.
Now I can sleep........:0)<