Fausse Point Project could spud over the weekend, or early next week.
Hopefully we will get plently of updates as the drilling is expected to take only 3 weeks. First target at 7,000 feet should be reached within 2 weeks or more.
Even if the well proves a duster GGP offers value at current prices. Cost to GGP only about 200,000.
But should the well turn out to be a duster it will lose more than that through a sliding share price IMO, but there should be no need for panic.
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i'm with you guys as well, page-22
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