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Citation Resources Inc V.CTT



TSXV:CTT - Post by User

Bullboard Posts
Post by zagorskon Dec 16, 2005 2:21pm
162 Views
Post# 10026514

Could not resist? .......... Wingnuttoo

Could not resist? .......... Wingnuttoo What do you see in these assets that provides outstanding value? I like the fact that they have a lot of land but I must state that I am not familiar with how prospective these lands are. Sarcee seems to have a lot of potential but also seems to be a difficult play in terms of water, getting services and obtaining tie ins. They have a lot of farm-in rights to Indian lands but I don't know the conditions attached to the farm-ins nor the prospectivity of these lands. Gift Lake is a large land holding that seems promising. Are these guys in danger of having so much land that they can't obtain the services nescessary to exploit the land in a reasonable time frame?
Bullboard Posts