I think I posted earlier that this was a good result. They were drilling where ther had been no previous drilling and found coals .... and importantly they were gaseous. I have no data on what this means for other coals or further east, but it was outside the known area of both the Bohena and Hoskisson formations .. so that is encouraging.
Several of ESG's market releases including the Contingent Resource announcement siad results to date are based on "only" the Bohena and Hoskisson coals ... implying that there are other "prospective" coals in the leases.
H
ESG Price at posting:
74.5¢ Sentiment: LT Buy Disclosure: Held
