Disaster? no only for t3 and very short traders... For longer holders its not bad at all, 1) It allows a more comprehensive more accurate drilling campaign on a property we will shortly own. 2) interested parties so we will not need to beg for funds 3) We know boundaries so concentration work on working out where the seams go 4) The drilling was on a huge piece of land and we needed to look a larger pice of the property.
I think so people have have dreamed the entire area was coal rich which was rather silly. Its now working out where the seams go...
CEO Price at posting:
11.5¢ Sentiment: Hold Disclosure: Held