BHP have said they are drilling early next year. I expect the CHK share price will go up with the BHP drill going down, much like an oiler as you pointed out. I'm assuming BHP will keep the market informed given they have chosen to do this already. BHP are bound to drill before CHK and they already have decent/spectacular hits 400 metres apart on the western anomaly(CHK's side) of the Oak Dam prospect. It would seem fairly unlikely they would hit mineralisation in 5 out of 5 holes and then hit nothing in my gamblers opinion.
Cheapest Block in The Best Suburb!!, page-68
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