CURLEW LAKE RESOURCES (CWQ-VSE) Message Board

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Gold/Mining/Energy : CURLEW LAKE RESOURCES (CWQ-VSE)

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To: CLK who wrote (85)	5/22/1997 5:31:00 PM
From: Dale Schwartzenhauer	of 701

That's a decent target, but from my perspective, the deeper you drill, the higher the risk of successful completion. The dry-hole costs are also much higher. Compare that to the short drilling time at Bacon Island and in Washington at the coal-methane deal, and you can see my point. These world-class deals are great if you don't have to drill half way to China to find it. The bread-and-butter deals have a lot to speak for themselves: lower risk, yet considerable upside. We should be drilling ahead in Bacon Island before too much longer, at last! Dale

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