TSXV:ART.H - Post by User
Post by
Inveskingon Nov 11, 2010 3:05pm
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Post# 17694278
IR at NKO
IR at NKO...confirmed, that as of Nov.10th, 2010, the depth was 2239 meters.
didn't answer the 'why' part...
Hmmmmm....
See, while some of you are commenting on eachother's breath, some of us are actually doing some work to confirm a few things about our investment...
If you want to talk about eachother's breath, do it somewhere else....
I went over the VST presentation from last month... and it mentions a Swarm/Fault, that is possibly connected to the cretaceous...
So... maybe they hit that Fault at 2239 meters, and oil is either flowing up that fault to our shallower targets... or the fault swallowed up all of our drilling fluids and it has been a bizzatch to case it off and move ahead with the drilling...
Maybe they decided to FRAC the first 64m zone to get flow rates and qualities...
Maybe this, maybe that.... in either respect, I believe that this is valuable material information that should have been shared prior to this, seeing as the last news release stated we should be completed with this well by the middle of november, like next week,... and NOT looking at another 2 months...
I guess that shite happens, and I guess we all know where we stand as average investors when it comes to news flow...