TSXV:OOI.H - Post by User
Comment by
skyhi0on May 23, 2012 5:59pm
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Post# 19939611
RE: RE: RE: Our neighbours to the south are sellin
RE: RE: RE: Our neighbours to the south are sellin the seismic ... overlaying 2D with 3D... should be done sometie in June. My guess is that there will be a couple months of reviewing the seismic results and arranging a JV for drilling at the end of summer or early fall. my notes from over a year ago say that POE was getting 80% results with 3D.
With all this positive action in the area and hopefully an improved overall market by then means that there won't be a lot of opportunity to pick up shares at these cheap prices for much longer. Except for time of year and lousy overall market we should be at 0.12 to 0.15 already just on speculation of probable good results.