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Tuktu Resources Ltd V.TUK

Alternate Symbol(s):  JAMGF | V.TUK.WT

Tuktu Resources Ltd. is a Canada-based junior oil and gas development company. The Company is engaged in producing oil and gas properties in southern Alberta. The Company’s assets are located in southern Alberta consist of 29,685 gross hectares in southern Alberta near the Foothills County. The assets have a base production of approximately 165 barrels per day (bpd).


TSXV:TUK - Post by User

Bullboard Posts
Post by calfloon Feb 10, 2011 1:53pm
260 Views
Post# 18110566

Re Delays

Re DelaysWe have to get used to the delays and such, because this latest one won't be the last one.  Actually if something happens at all in 2011 would be surprising, as there is no sense of urgency on their part what so ever.
  That release on Dec 22 is like reading your horoscope, you can read into it almost anything you would like.  It is carefully worded  and  deceptive.  Ones first impression is there will be a resource estimate posted in early  2011 , but, that is all it is, an impression.  Did we not think there was going to be a resource estimate 2 years ago as well.?   There is all kinds of rumors now that they want to do some deeper drilling on Isintok before they come up with a resource estimate.  Supposedly there is some vein that streches from somewhere in the states ( Nevada I believe ) to some where in the north that has a much higher grade of copper at much lower depths than they have drilled to presently, and they feel that this could be part of that vein. ( Isintok that is )
  This thing has a very good chance of going on for years, let alone months, if any of this latest rumor is true.  So if something does happen by this years end that would be great.   Unfortunately this thing has become a true soap opera. 
Bullboard Posts