SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : IMMM ( I'm Mad Monk)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Michael T Currie who wrote (1297)7/4/1997 11:59:00 PM
From: M. M. Jones   of 1480
 
Michael, you said,

"You, the small investor, do not know what, if any, regional and/or local geological information was already available to IMMM/UPR prior to locating these wells. How are you going to determine on the basis
of 2 (is this the number, I haven't kept up?) wells if success or failure is a result of the technology or if these outcomes are due primarily or entirely to more traditional methods?"

I think it's pretty clear that IMMM is trying to show UPR that the EM Sounder ALONG WITH the more traditional methods of gathering geological information is better than the more traditional methods alone. If that is the case, how many wells would they have to drill to do a regression analysis that would show the EM Sounder adds materially to the information they already have? Would 30 drill sites provide a good enough sample -- or, say, 50?

Regards,

M.M.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext