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Gold/Mining/Energy : KOB.TO - East Lost Hills & GSJB joint venture

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To: Wizzer who wrote (2974)6/2/1999 4:27:00 PM
From: Dave E.  Read Replies (2) of 15703
 
Wizzer,
Canaccord report at #2950 mentions 45 days of drilling. My reading is 60 days (end July) given no significant hiccups. I suspect Westminster s 75 days is conservative in view of past delays. The Cal Canal is supposed to take about 120 days which appears to include a higher uncertainty factor since it apparently only takes about 10 days to get down to 9-10,000 feet and is supposed (??) to be somewhat shallower and a less complex structure. (But I guess they all are before one starts drilling!)

Graybeard - do you have any comment on the relative timing of ELH1-R and Cal Canal?

Dave
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