Thanks for the explanation about the lenght of the horizontals that can extend to 3,500 feet.
Now, if you are to consider that 3,500 feet amounts to approx. 1,050 metres, things could be even worse still than what I originally predicted. For, you are to drill that 1,050 metres long horizontals, and you don't start drilling in the middle of your tenement, chances are that you are for sure intruding in the next door neighbour's lands, lol. Then what !!!!!!
I am more and more concerned now, and more and more confused at what this mob of "so called specialists" are up to, and at what they are doing with our company.
I hope that they can refuse to proceed with those tenements purchases and spend the money we have to start and proceed in drilling what tenements we have got.
I thought that this mob was going to be our saviours, roflmao. I stopped reducing my holdings when the chance came up to get rid of the previous dead wood. And what have we got now after all this time ??? IMHO, another lot of even worse dead wood, lol. Even the MD/CEO has already being changed, and in such a short period of time as well. What next !
I am totally lost for words now.
All I know is that my MPO's portfolio value has decreased by a couple of 6 figures amounts already, or even more, since this lot took control of our Company.
Buddy
MPO Price at posting:
62.0¢ Sentiment: None Disclosure: Held
