GREY:CPLJF - Post by User
Comment by
sammenardon Apr 30, 2007 8:34am
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Post# 12695774
RE: do they actually drill
RE: do they actually drillThe company will be drilling; they didn't enter a jv and commit to expenditures just for the purpose of throwing their money away. The Nipigon property was flown and now they are waiting for the results of that airborne survey. Properly interpreting the data is a science and cannot be done after a brief glance at the data. It didn't help when the original geologist who was contracted to do the report had to back out because of his other commitments. The company had to find another geologist to do the report. Except for Uranertz doing some preliminary work in the early '80's, and RPT's current exploration, the Nipigon area is virtually virgin territory with respect to U3O8.
I understand how people are getting a little frustrated with this, especially after Barry had stated (in the Smartstox interview)that drilling would be underway by now. IMO, that statement was a blatant pump.
We're getting closer folks, hopefully we won't have to wait to much longer before news of a drill program will be anounced.
In the mean time, call the company; they are working for you and are paid to answer your questions.
Good luck!
Sam