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Gold/Mining/Energy : Anvil Resources (V.ANV)
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To: Sapper who wrote (2017)11/5/1998 8:55:00 PM
From: SAM-DAN  Read Replies (2) of 2214
 
HHappy already posted on SH our consensus on this News Release.Basically we are very happy that they are finally detailing a timetable framework so that shareholders have a better idea as to what is happening in the Company.We are a bit disappointed that it will take until near the end of the month to finally get the flow rate started but we note that they have given themselves some slack on the timing so that we won't[hopefully] have missed deadlines.How ever this is Anvil [or Cordele ]so don't be impatient.
As we get closer to flow rate time will expect the stock to continue to move up as speculation of the flow rate begins.But remember the initial flows will be restricted by the 1/4 inch chock and the frac material.It will probably take a couple of weeks to achieve a sustainable comingled unimpeded flow rate which will give us a more accurate idea of cash flow.
Next question we would love to hear answered.Sorry Anvil, but as shareholders we always worry about our baby,What is the timing of the start of the next Target Well?
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