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Joannie

11,896 Posts.

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02/02/24

15:26

Post #: 72208373
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Originally posted by Quantum Torus: ↑

CPO
I dont know.
In order to find that out, do the following:
1. have a look at the last quarterly report in the dollar section, there's a specific line that says, cash for enough quarters.
2. see what plans they have for the following 1/4s
3. Drilling is expensive, diamond drilling the most, can cost 150-200k per hole depending on the depth for one hole, RC, reverse circulation is cheap.
4. go to the tread and see what the peeps say.

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5.9 quarters left, no debt. Pretty good eh. CPO.
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