OTCPK:WSRLF - Post by User
Comment by
fairfax1on Feb 12, 2010 4:10pm
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Post# 16781941
RE: RE: RE: RE: Question?
RE: RE: RE: RE: Question?I think after this well they were supposed to have around 30 million left, but it will probably be less, the way the burn cash. Security, tough drilling, and big salaries eat that cash quick. I just hope they have enough for the third well, but if they are going to drill the flanks they might have to PP. We need to have a good oil find here to get rid of any cash problems so a PP will be at nice, higher price. Even though Dukkhouse probably has bad intentions posting here, he is right that a bigger rig is needed to go deeper. I think the huge payday is deeper.
Also, I see WZR has a job opening for a geologist, well over 100k a year.
https://www.jobbank.gc.ca/dispjb_eng.aspx?OrderNum=4861916&Source=JobPosting