OTCPK:EDEYF - Post by User
Comment by
stockarchangelon Aug 11, 2012 10:30am
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Post# 20207228
RE: Thanks to everyone on the thread !
RE: Thanks to everyone on the thread ! From what I understand, the wells being drilled are considered "shallow" wells. I'm figuring both are close to completion and getting results. Also, from the last NR, at least one is in a "non-producing" area, which did not carry an asset value. And yes, our property positions do make us a takeover candidate, but I'm not sure we want that just now. JMHO, but I'd bet we just got closer to proving that "non-producing" area is really a "producing" area. Looking forward to the next NR.