Caza released an update today ( Thursday ) at 2AM 14/10 EDT Canada . The update did not include the Marian Baker . It is worth noting that the 2AM time slot for CAZ announcements is like clockwork . It probably coincides with the AIM opening times . At present time zones ( TSX/ASX ) a 2AM announcement would be a 3PM announcement here , if they are very quick . Todays update saw a 5% drop on the AIM for CAZ , perhaps reflecting disappointment in the fact that there was no news on the Marian Baker .
Also worth noting in some research tonight was that Caza , in one of their announcements , suggested this drill had the potential to significantly add to their production rates . I haven't found out much about potential flow rates yet in the area and any help there would be appreciated . It sounds like the prospect is expected to flow considerably . The target is very large compared to their ( Caza ) current drill at Bongo . I see the SP of Caza has increased significantly on the Bongo discovery and the expectation surrounding the Arran field . News of the spud could be like the Bongo drill and be announced after it has happened . This could be inconsistent with a pre spud PR campaign . Anyway we will know pretty soon . November and the big target looms .
After a bit of digging around I am more than happy with my rushed entry .
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