EHR 0.00% 0.3¢ earth heat resources ltd

trouble in argentina

  1. 393 Posts.
    How do we see the coming turmoil with the Argentine govt refusing to pay out the hold out creditors from the default in 2002?
    Could this hamper what EHR is doing over there or is it not such a concern for us?
    http://www.reuters.com/article/2012/11/10/us-argentina-bonds-idUSBRE8A81BN20121110

    If/When EHR gets the funding from CIFI how long would be considered reasonable for them to get a rig on the ground and drilling.
    Do we know what sort of target depth they are looking at, what diameter and casing will be used.
    Does anyone have any geo knowledge of the area we will be drilling in?
    And what sort of a window for drilling do we have with regards to weather?

    I imagine it would take them a while to knock out 4 holes at say 3000m.

    Anyway just a few ponderings on a rainy saturday afternoon I guess it will give me something to research.

    Cheers

    Strider
 
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