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Silk Energy Ltd SLKEF

Silk Energy Limited is a Canada-based resource company. The Company acquires undervalued oil and gas assets in Kazakhstan. The Company, through its subsidiaries, owns a 50% interest in the KMG Ustyurt license (Ustyurt). The Company focuses on exploring and developing Ustyurt, an onshore oil and gas concession comprising approximately 6,500 square kilometers in the Caspian Sea region of the Republic of Kazakhstan.


GREY:SLKEF - Post by User

Bullboard Posts
Post by Vanchesteron Jan 08, 2010 6:40am
408 Views
Post# 16653632

and the cycle starts again

and the cycle starts againSo the big Micon report came and we now see the results. That took the greater part of 5 years to develop. So what is next? Right, its Phase II. No mention of when Phase II  will start so the cycle starts again. How long will that take? Then what? Right, it's drilling the potential targets and once again the cycle starts up. Maybe another 3 years of drilling. Then what? Right, its a NI43-101 for those potential targets.How long will that take? Another  year and a half? Then what? ........I think you get my drift........ Investors will come and go but it will be the same cycle over and over.

v.
Bullboard Posts