OTCPK:PGMFF - Post by User
Post by
hisandloson Nov 15, 2021 9:44am
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Post# 34126648
another Rubicon
another RubiconThis regions geology has always been very difficult to figure out. Rubicon found out the hard
way that by taking short cuts and not doing the proper drilling ... spacing close together you
come up with a plan that does not always work out. Hence we had Rubicon II ... which became
Battlenorth at the cost of a billion dollars to the original shareholders.
I dont think Pure is another Rubicon ... but Rubicon started producing just like Pure and they
ran into all sorts of problems and then had to shut the whole thing down.
The Rubicon memories and the same region just makes me awfully nervous about this play.
I would rather see it work out its problems and start to put out good news rather than jump in
and see it blow up. Really liked this one but having second thoughts.