more wells at florence, page-5

ricky99 you may be right about their (very) long term value but they have been stressing sharholders patience for a very long time now ...

unfortunately without any results so far ...

at least they should give us a hint when they are able to keep us informed about their intentions re Florence, Grays Habor, the Australian CSM projects and the future of COI commonly

the only thing I know for sure is the value of David Bradshaws base salary (and thats yearly about 50% of Comet Ridges current cash position)

... but shareholder could divine that they already have some success at Florence - obviously they are planning to drill more shallow wells, because Pine Ridge Oil & Gas LLC is applying for another two new drilling permits @ Florence:

now they have the following in the application for drilling permit queue:

1. Pike 34-32 VP, proposed TD 3,500 feet, targeting Pierre Fmt.
2. Redfish 41-3 HP, proposed TD 6,244 feet (!), targeting Pierre Fmt.
3. Flathaed 34-20 VP, proposed TD 3,500, Pierre
4. Adriatic 32-4 VP, proposed TD 3,130, Pierre

btw., if they actually eastablish an initial cash flow from the first Florence wells, wouldn't it nice to know if and how COI is able to extract their revenues share from the new company ...?

please Mr. Bradshaw, give us some elucidations ...