"A work program of approximately US $5,100,000 has been proposed which
will include over 400 kms. of new seismic and the drilling of at least one
well utilizing TRACER's rig."
Hate to kick a guy when he's down, but hey..ONE well? I was thinking of buying back in on the news of a partner, but this ONE might not get much of a lift..There are better speculative plays out there. The cutting down of the trees in Borneo accomplished what? Hey, I'm just another person who lost at the poker table playing with Tracer Pete and only blame myself for following this stock down the yellow brick road. Remember, they at this point only own 1 rig, are financed to the hilt, and just gave away 40% of the possible finds from one well that may be drilled in this next year. This is called Silicon Investor, keep the money local and your odds are better. Just here to add a little flavor to the dialogue, with no interest one way or the other. I admit, however, I am a disgruntled former investor. |
