Foremost Clean Energy Ltd C.FAT

p.s. its March 14th, I think you can kiss a "winter" drill

[KozmoT]

program goodbye if they have no money and haven't even announced mobilization or a start date.  Maybe it went the way of their vanished BattMat JV everybody was pumping as the next great thing? Interestingly enough the NR that claimed they were planning the "winter" drill program had more to say about electric vehicles and Elon Musk than anything related to the project.

And then there's the Winston project ... LOL.

[phantom666]

If my memory serves me correctly, most if not all of the drilling equipment was flown in by chopper. So I checked...... From a 2017 NR - "The drill and crew are currently being mobilized to the site with helicopter assistance provided by Gogal Air Services"

[TFSAfunds]

phantom... from that NR... The Company has entered into a letter agreement with Gogal Air Services to provide drilling and associated support services at a total cost of $157,150 payable as follows:  $69,000 cash and $88,150 payable as Common shares in the equity of the Company at a deemed price of $0.31 per share upon completion of the services. Problem is, S/P currently sits at about half

[KozmoT]

Are you saying it cost them (and investors) $157,000 just in air support for that unfortunate drill program?!?!?  

[TFSAfunds]

No, the $157k was for drilling and associated support services. I don't have a breakdown for the two individually...

[KozmoT]

Phew ... Thanx.  Interesting diversification, I've overseen my share of drill programs and never had the helicopter support also act as the drill contractor. 

[TFSAfunds]

Kozmo... from Gogal Air Services Ltd. of Snow Lake, Manitoba website... lol We have experience moving all types of drills in diverse conditions and environments. Drill weight and target altitude will help determine which helicopter is best suited to your program. We can provide short-term contracts or seasonal in-camp helicopter support. We also offer a complete program which includes drill, core