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Timeless Capital Corp V.TLC


Primary Symbol: V.TLC.P

Timeless Capital Corp. is a Canada-based capital pool company. The principal business of the Company is to identify and evaluate opportunities for the acquisition of an interest in assets or businesses and once identified and evaluated, to negotiate an acquisition or participation subject to acceptance by the exchange to complete a qualifying transaction. The Company does not own any assets, other than cash or cash equivalents.


TSXV:TLC.P - Post by User

Timeless Capital Corp > Question for the pros- please
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Comment by prospect_93on Jul 27, 2010 12:27pm
492 Views
Post# 17300226

RE: RE: RE: Question for the pros- please

RE: RE: RE: Question for the pros- please

Connacher is an oil sands player.  This is conventional oil (20-25API).  Fairbornes gas wells are in a differnt area and in a different rock type than here, but yes the same formation - a difficult concept for those who have not taken rocks for jocks.

AJM's report has been posted to the company website for everyone to get up to speed.  Let's not pretend that there is no proven production in the area.  There are several vertical oil producers.  Economics will not be challenging if they can get wells similar to the vertical wells.  I would expect bigger wells.

Enjoy the read.
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