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Microcap & Penny Stocks : IKAR Mining Tungsten iron ore gold silver copper cobalt
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To: Alan Markoff who wrote (300)10/1/1998 1:46:00 AM
From: Jim Johnson  Read Replies (2) of 631
 
Alan,

I have nothing to add, but I do wonder why they are not drilling down from above. The same type sampling is done often in the oil industry and they go thousands of feet deep with what seems to be little to no problems. From what I understand, Tjik has a robust oil industry, so that type equipment should be locally available. Knowing little of the mining mechanics I can only assume there is some good reason they are doing it in the manner they have chosen.

I also wonder (Just cusiosity really) whether the drill they are going to use is rotary or spudder.

Since they do not have any idea how much drilling that is going to have to be done, again I can only assume there is no completion date for this phase.

Jim J
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