I am far from an knowledgeable on this topic, but for the purposes of circulating through formation fractures, for the same total throughput and cost, wouldn't multiple small diameter holes be more beneficial than a single large diameter hole?
On the other hand, as promising as Coretrack's technology sounds, unfortunately they have a history of over-hyping and under-delivering.
I don't see much indication that geothermal companies are beating down their door. That concerns me both as a CKK and PTR and GDY shareholder because everything Coretrack says indicates that they should be. Either Coretrack are wrong, or the geothermal companies are damaging their prospects by being excessively conservative.
PTR Price at posting:
9.3¢ Sentiment: Hold Disclosure: Held
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