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Gold/Mining/Energy : Kalahari Resources Makes Major Move Upwords

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To: Rocket Red who wrote (290)4/5/1999 9:36:00 PM
From: Paul Bilecki  Read Replies (1) of 349
 
Red:

You may be right, but I have experience drilling. Typical drilling on land in relatively soft rock, you can drill up to 250 a day if everything goes right.

Setup takes one 12 hour shift.

So lets say the following for just a large intersection for the first hole:

Saturday: Day setup:
Night Shift 100 feet

Sunday: Day shift: 150 feet
Night: 100 feet

Monday: Boxed core reviewed and results reported.

Tuesday Morning: Press Release written
Tuesday Afternoon: Potential Halt for large intersection.

So even for a 350' intersection, it would have been tough getting a press release out today. I think you are being a bit unrealistic or just trying to get some cheap stock. Unless they were drilling last week or have the inside track.

I am going to sit tight until next week.
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