RE: RE: RE: NR yesterday - good news or bad news? Smallbet, as much as I'd love to see more drilling in 2013/14, it's looking like a long shot. Here's what Henry Sykes said in a letter to shareholders:
"Given the high costs of operations in the Central Mackenzie Valley at present, we will likely look for a partner, as we have in the past, to share the costs with us. We have not formalized our plans yet for the winter of 2013/14, however, given the timelines for permitting activity in Canada’s North and the time it will take to look for a partner, it seems unlikely that we will be drilling in the upcoming winter. Notwithstanding that we may not be drilling, there looks like there will be considerable activity over the next year from the other companies active in the Canol shale. I want to again thank our employees, our board and our shareholders, as well as our other stakeholders, for their continued support and patience."
Just a little "patience".....: )