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CANDORADO OPERATING CO V.CDO



TSXV:CDO - Post by User

Comment by pick4oreon Dec 16, 2009 11:22pm
124 Views
Post# 16595632

RE: info prices for drilling $17.00 is a realistic

RE: info prices for drilling $17.00 is a realisticTrue, but there are a lot of things done and money that will have to be spent long before drilling begins. Before drilling, they need to define drilling targets. Whether this is done by geochemical and/or geophysical programs, this alone costs a large amount of money. This is why $1.2 mil is not much money when you take into consideration all these other things that need to be done/spent first. There won't be much left for any serious drilling. Cheers!!
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