RE:Kex drilling on EMR property1stth360 wrote: The drilling rig must still be on sight at NY Canyon, and pulling core. Since no new NR on the drilling project, or completion of said program. That's great in itself. Waiting with anticipation.
That's a good point. I wonder if they're still drilling based on what they have seen. Seems pretty quiet and I think they started drilling around April 8th? After mobilizing March 22. I think they had to build access roads and prep drill sites prior to starting drilling. As someone has pointed out already, the bid side is large. I've watched it daily and the bids at .065 keep building. .07 seems to be the foundation at the moment since there's not much motivation to move the bids up at this point. It's not like it used to be where you say you're drilling "beside" some other play and the share price would react significantly. But those days are gone and it's probably a good thing.