RE:What HappenedGlobal1966 wrote: $10 million spent on the Seismic, 3 drills deep drilling since March for 2 PR's to date, Directional drilling announced but PR's since has been silent, $2 million spent 14 months ago on Maritime investment plus exclusive rights to toll milling- anyone know what's going on at NFG. Has it all been water down the drain?
The MRE will answer your question the fact they added more drill rigs at the same time they announced the MRE to me is positive .The directional drilling is happening now and there is pending results at the lab we only have gotten back three but others will be coming .They would not do an MRE IF the pending results didn't look promising as well .they can not comment on any results until they get them back from the Lab .
All this work takes time but that being said the waiting isn't easy but it's the way it is