Lloyd,
It looks to me that there are a nice bunch of buddies trying to dress up a very disappointing drilling campaign.
Don't forget these geo's/management are getting paid very big bucks to design the drilling programs. The truth of the matter is that they hit the most minimal amounts of the target in 2 out of 18 holes. With this strike rate and understanding of the lease how much cash will be burnt trying to find a commercial resource? Plus the actual results are inferred since no assay tests have been done only logging.
I think the next announcement will be that the rest of the wide drilling of 40 holes will be cancelled to concentrate on the "huge potential" of one hole. Nobody likes to see duster results in such large numbers. Kinda looks like you are using the old donkey tail method.
As always the market never lies and it doesn't like the results.
Lloyd,It looks to me that there are a nice bunch of buddies...
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