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Modern PVC Inc MPVC

Consumer Cyclical Textile Manufacturing


GREY:MPVC - Post by User

Modern PVC Inc > How many meters?
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Comment by HighROIon May 15, 2014 9:14am
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Post# 22564078

RE:How many meters?

RE:How many meters?They raised $2.3M. Hard to say without knowing number of holes planned and depth. At least $2M is likely slated for Drill program.

Fission just spent $12M on a 30,000 meter drill program. Much easier to drill on ice and just drag the rigs around though. Even though we have targets on ice I don't think we will get same efficiencies.

I am going to throw out a broad range of 2,500 to 5,000 meters. Any other opinions?
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