TSXV:WEE.H - Post by User
Comment by
galvanizedon Dec 29, 2013 3:25am
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Post# 22042984
RE:RE:First coiled tube rig for mineral exploration.
RE:RE:First coiled tube rig for mineral exploration.Take the time to browse thru the contents of the www.detcrc.com.au website and decide for yourself.
Their goal is to radically reduce the cost of deep mineral exploration using coiled tube drilling with high speed downhole motors and real time measurement systems. ROP while drilling very hard rock and keeping the dense cutting in solution while traveling back to surface so they don't form dunes or clogs are key problems to be solved. Trailblazer rapid pulse solves the problem! The website is definitely a facinating read if you have an interest in mining investments. It's a huge research project backed by some of the biggest mining companies in the world and the government of Australia. I would think that the research sponsors are keeping alot of the details to themselves, so no news is no surprise. I'm bullish on the future of the Trailblazer rapid pulse bit sub, but DYOR and GLTA.