RE: FRE: RE: RE: RE: drillingblues2nz:
"My point is a solid plan for drilling involves some thought lots of luck and time and money."
A solid plan for driling requires excellent geological understanding of the area, some luck, plenty of time (time to find the driller that knows the area, time to get the driller to the site when they aren't busy, time to drill, and time to wait for results), and some money. You don't need tons of money to drill. You just need to hit something good, then stock price rises and you get more money. The areas that NCM has to drill are really prolific, shouldn't be hard to hit gold in any of the three areas; just look at the recent results from LSG, TRR, and PKL.
Thanks for writing back, I like engaging conversation, and you seem to have some understanding of what's required, which is patience. Nevertheless, NCM has the right land to drill, I doubt you'd argue with that. Problem is you can't get drillers that know the area unless you patiently wait.
Also recall that on average, over 80% of the shares out have traded over 10 cents, why someone would sell a stock with this kind of potential when they are underwater is beyond common sense to me. Then again I'm a buy and hold good company's kind of guy for the most part.
Good luck to you and to all,
x