GDN golden state resources limited

dst test..., page-11

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    new_trader1984...

    I too noticed the 11/12 zone references.

    I thin the 11 relates to zones other than Leadville...and the 12 includes Leadville?

    As for the reporting of minor shows...this relates to the surface readings...without assumptions of what might be going on below.

    They were a non-emotive description of what they saw in the muds...which at even 300 units background and limited free-influx into the bore, can only be described as "minor".

    It does not mean that they are however...nor dies it make allowances for the likelihood that the gas in the formations is fighting extremely high drilling mud pressures.

    Interestingly, whilst the DST will give a fair indication of what they have, they are renown for giving misleading readings...typically due to poor isoloation of the formations from the drilling muds...ie, poor packer seal.

    Typically however, errors will always be on the low side...and almost never over-state the results, due to the effective dilution of returns when the packers fail!

    Cheers!
 
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