that's a short term view dunnycan, more drilling would've meant spending more money, which would've meant debts... sure such a strategy in the short term would inflate the share price, but looking long term saving $20-30million on needless drilling puts $20-30 million back into the pockets of shareholders :)
Extensive drilling only serves to sate the appetite of greedy bankers whom only care for the certainty that their loans will be repayed with interest; and that of drilling operators. For me, personally, you think you've found gold? what are you waitin for? here's a shovel, dig!
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that's a short term view dunnycan, more drilling would've meant...
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33 | 249260 | 2.010 |
21 | 365014 | 2.000 |
10 | 42603 | 1.995 |
7 | 62750 | 1.990 |
Price($) | Vol. | No. |
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