RE:Oban Intersects 19.0 g/t Au Over 3.0 Metres at Windfall ReadThat is good Mata, as they are MTO neighbors. BTW today Claude CLGRF found multiple bonanza grade intercepts, one over 130 grams a ton. Might lower odds on the their SSRI merger https://www.clauderesources.com/operations/exploration/seabee-gold-operation/default.aspx they did not PR it, just required SEC report.
Imagine if MTO hits a grade even 1/5th that this week, what would happen to stock
And if anyone one here is into oil, Tullow made another huge find.
It is my biggest oil holding, they drill in Africa. Their TEN field in west africa goes online in June, it is huge. They have found huge wells in new fields in Kenya, and today found a new field "The first well in the Kerio Valley Basin, Cheptuket-1, has encountered good oil shows across a gross interval of over 700 metres,"
There are waiting for pipeline to pump all this oil they found in Kenya. JMHO, it is the most exciting oil company out there, and it is cheap. Cheers TUWOY usa
Britain's Tullow says makes new oil find in Kenya
REUTERS 1:16 AM ET 3/16/2016
| Symbol | Last | Price Change |
| TUWLF | 3.13 | 0 (0%) |
| AOIFF | 1.5346 | +0.0937 (+6.5%) |
| QUOTES AS OF 11:54:48 AM ET 03/14/2016 |
NAIROBI, March 16 (Reuters) - Britain'sTullow Oil(TUWLF) said on Wednesday it had made an oil discovery in Kenya, which could mean opening up a second oil basin for development in the country south of finds already made.
The East African nation and neighbouring Uganda have both made oil finds that have yet to start commercial production, part of a string of energy discoveries along the east coast of Africa.
"The first well in the Kerio Valley Basin, Cheptuket-1, has encountered good oil shows across a gross interval of over 700 metres," Tullow said in a statement about the new find.
"We believe this encouraging initial result has the potential to open up a second prolific basin in Kenya," it said, although it added that the pace of follow-up activity was "set to be modest".
Low oil prices have prompted international oil firms to reduce spending on exploration and development.
A Kenyan government official had earlier said an announcement would be made on Wednesday about a new oil discovery in Kenya, but had not given details.
Tullow is working with partners Africa Oil(AOIFF) and A.P. Moller-Maersk to develop finds in the South Lokichar Basin in northwest Kenya, where recoverable reserves have been put at an estimated 600 million barrels.
(Reporting by Edmund Blair and Duncan Miriri; editing by Jason Neely)