PV1 3.03% 3.2¢ provaris energy ltd

Monark wrote:"$240,000 for exclusive option over 344 Acres for...

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    Monark wrote:

    "$240,000 for exclusive option over 344 Acres for AD South

    At approx $700/acre in March 2012, surely the price hasn't gone up that dramatically, in 12 months.

    Can we assume that the company has aquired its latest acerage for a mere pittance, while some 'shale leases' are going for $10,000+/acre.

    Regards K
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