RE:RE:RE:NRbludogg, no winter drilling program, or spring drilling program, they would have to raise more money and that would be,( me help us (lol)), another rights, flow through (that killed this last fall), or a PP with another 70-100 million shares being set loose on us.
Go and look at thier history of how they planned and announced field work, they have a great website, recommend you do some dd on this subject.
This is all now riding on the following IMO, valuations, which need to be higher than 125, and a PEA, by June, which needs to be sellable to a JV or a deep pocket buyout, do some dd, Robert came to the party at 40 cents.
If values are 125 or under, trouble for us longs, they will do the PEA, but will be a tougher sell at these prices.
Then JK is correct, they will need to raise another ~15 million for a feasablity study, without deeper pockets, JV or sold to the highest bidder, just more ugly for us longs.
Then we might as well go out and shoot ourselves, my/our money is 90% dead already..unless Robert can get his 40 cents out at a profit.
Need some divine intervention now.
MHR